Sovereign Gold Bond 2018-19 Series-V-Issue open for subscription during 14 January to 18 January 2019
Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of Gold Bond will be Rs 3164 per gram of gold.The Sovereign Gold Bond Scheme 2018-19 - Series V will be opened for subscription for the period from 14 January 2019 to 18 January 2019. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. 9 January - 11 January 2019 works out to Rs 3214 per gram.
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