GOI Series-III Sovereign Gold Bonds – next Subscription period – December 4-6 2017

The Government of India, in consultation with the Reserve Bank of India (RBI), had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period. 

For the next subscription period i.e. December 4 - 6, 2017, the issue price shall be Rs2,952 (Rupees Two thousand Nine hundred Fifty Two only) – per gram with Settlement on December 11, 2017, as also published by RBI in their Press Release dated November 30, 2017. 

The Government of India in consultation with the Reserve Bank of India (RBI),has decided to allow discount of Rs 50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. #casansaar (Source - PIB)