Sovereign Gold Bond Scheme 2019-20 Series-III Opens for Subscription
- The Sovereign Gold Bonds 2019-20 (Series III) has been opened for subscription from August 5 to August 9, 2019.
Following are the major points to remember:
- Denomination: Minimum investment in the Bonds shall be one gram with a maximum limit of subscription per fiscal year of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts
- Issue Price: Rs 3,499 per gram with settlement date August 14, 2019. (Discount of Rs 50 per gram on online payment/digital payment i.e. Rs 3,449 per gram)
- Interest: 2.5%
Points to remember:
- Series?- 3rd series
- Denomination
- Issue Price
- Interest?