Sovereign Gold Bonds 2022-23-Series-IV opens on Monday and the issue price has been fixed at ₹5,611 per gram.
Sovereign Gold Bonds 2022-23-Series-IV, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from March 6, 2023 to March 10, 2023. The Bonds will be issued on the March 14, 2023. The issue price is ₹5,611 per gram of gold. Special discount of ₹5,561 per gram for the investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of the gold bond will be ₹5,561 per gram of gold. Assured return of 2.50% PA payable half-yearly.
Retail Investor can invest Minimum 1 GM and Maximum 4 Kg. The 4Kg limit is per financial year. The Maximum limit of HUF is 4 Kg, Trusts and similar entities is 20 Kg
Issue Opening Date | March 6, 2023 |
Issue Closing Date | March 10, 2023 |
Issue Price | ₹ 5,611 |
Retail Discount | ₹ 50 |
Retail Price | ₹ 5,561 |
Allotment Date | March 14, 2023 |
Interest | 2.50% PA - Paid half-yearly |
Redemption Month | March, 2031 |
Interest Payment Date | September 14, 2023 - March 14, 2024 |
NSE Symbol | SGBMAR31IV |
ISIN | IN0020220169 |
Retail Price | ₹ 5,561 |
Interest | 2.50% PA - Paid half-yearly |
LTP | ₹ 7,396 |
Interest Income* | ₹ 235 |
Total Profit/Loss | ₹ 2,070 |
Profit/Loss Percent | 37 % |
*Interest is calculated as on today