Sovereign Gold Bonds 2022-23-Series-I opens on Monday and the issue price has been fixed at ₹5,091 per gram.
Sovereign Gold Bonds 2022-23-Series-I, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from June 20, 2022 to June 24, 2022. The Bonds will be issued on the June 28, 2022. The issue price is ₹5,091 per gram of gold. Special discount of ₹5,041 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 ₹5,041 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 | June 20, 2022 |
Issue Closing Date | June 24, 2022 |
Issue Price | ₹ 5,091 |
Retail Discount | ₹ 50 |
Retail Price | ₹ 5,041 |
Allotment Date | June 28, 2022 |
Interest | 2.50% PA - Paid half-yearly |
Redemption Month | June, 2030 |
Interest Payment Date | December 28, 2022 - June 28, 2023 |
NSE Symbol | SGBJUN30 |
ISIN | IN0020220045 |
Retail Price | ₹ 5,041 |
Interest | 2.50% PA - Paid half-yearly |
LTP | ₹ 7,460 |
Interest Income* | ₹ 316 |
Total Profit/Loss | ₹ 2,735 |
Profit/Loss Percent | 54 % |
*Interest is calculated as on today