On 12th January 2019, ministry of finance announced that a new series of sovereign gold bonds will be available at Rs 3,214 per gram from 14th January to 18th January 2019. A discount of Rs 50 per gram will be given to the Investors who apply online for the Sovereign Gold Bond Scheme 2018-19 Series V. Interest rate of 2.50 percent per annum will be offered to the investors which is payable semi-annually. The interest earned is taxable. The issue price of gold bond will be Rs 3,164 per gram of gold with the settlement date of January 22, 2019.