Sovereign Gold Bonds 2022-23-Series-II opens on Monday and the issue price has been fixed at ₹5,197 per gram.
Sovereign Gold Bonds 2022-23-Series-II, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from August 22, 2022 to August 26, 2022. The Bonds will be issued on the August 30, 2022. The issue price is ₹5,197 per gram of gold. Special discount of ₹5,147 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 ₹5,147 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 | August 22, 2022 |
| Issue Closing Date | August 26, 2022 |
| Issue Price | ₹ 5,197 |
| Retail Discount | ₹ 50 |
| Retail Price | ₹ 5,147 |
| Allotment Date | August 30, 2022 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | August, 2030 |
| Interest Payment Date | February 30, 2023 - August 30, 2023 |
| NSE Symbol | SGBAUG30 |
| ISIN | IN0020220078 |
| Retail Price | ₹ 5,147 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹ 7,430 |
| Interest Income* | ₹ 298 |
| Total Profit/Loss | ₹ 2,581 |
| Profit/Loss Percent | 50 % |
*Interest is calculated as on today