Sovereign Gold bond scheme 2019-20 Series-V Issue Price

Sovereign Gold Bond Scheme 2019-20 Series-V - Issue Price In terms of GoI notification F.No.4(7)-B(W&M)/2019 and RBI circular IDMD.CDD.No.890/14.04.050/2019-20 dated September 30, 2019, the Sovereign Gold Bond Scheme 2019-20 - Series V will be opened for subscription for the period from October 07 – October 11, 2019. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. October 01 – October 04, 2019 works out to `3,788/- (Rupees Three Thousand Seven Hundred Eighty-Eight only) per gram.