Series III of Sovereign Gold Bonds 2017-18 Rs.2,890/-per gram

For the next subscription period i.e. December 11-13, 2017 of the Series III of Sovereign Gold Bonds 2017-18, the issue price shall be Rs.2,890 (Rupees Two thousand Eight hundred Ninety only) – per gram with Settlement on December 18, 2017.

For the next subscription period i.e. December 11-13, 2017 of the Series III of Sovereign Gold Bonds 2017-18, the issue price shall be Rs.2,890 (Rupees Two thousand Eight hundred Ninety only) – per gram with Settlement on December 18, 2017.


The Government of India in consultation with the Reserve Bank of India (RBI), has also 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.

Earlier, the Government of India, in consultation with the Reserve Bank of India, 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.

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Recommendations of the Advisory Group of the Law Review Committee referred to the Law Review Committee which, in turn, will examine these recommendations and take a final view.

The Advisory Group of the Law Review Committee submitted its recommendations on 5th December 2017. Some of the recommendations have also been reported by some sections of the media. The recommendations of the Advisory Group have been referred to the Law Review Committee, consisting of senior officers of the Central and the State Governments, which, in turn, will examine these recommendations and take a final view. Next meeting of the Law Review Committee is scheduled to be held on 13th and 14th December 2017.

Earlier consequent to the decision taken during the 23rd GST Council Meeting, a Law Review Committee and an Advisory Group of Law Review Committee were constituted on 2nd November, 2017. The Advisory Group is headed by a retired Government officer and consists of representatives from Laghu Udyog Bharti, Federation of Indian Export Organizations (FIEO), Confederation of All India Traders (CAIT) and private law & tax practitioners.