Sovereign Gold Bonds 2022-23-Series-III opens on Monday and the issue price has been fixed at ₹5,409 per gram.
Sovereign Gold Bonds 2022-23-Series-III, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from December 19, 2022 to December 23, 2022. The Bonds will be issued on the December 27, 2022. The issue price is ₹5,409 per gram of gold. Special discount of ₹5,359 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 ₹5,359 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 | December 19, 2022 |
Issue Closing Date | December 23, 2022 |
Issue Price | ₹ 5,409 |
Retail Discount | ₹ 50 |
Retail Price | ₹ 5,359 |
Allotment Date | December 27, 2022 |
Interest | 2.50% PA - Paid half-yearly |
Redemption Month | December, 2030 |
Interest Payment Date | June 27, 2023 - December 27, 2023 |
NSE Symbol | SGBDE30III |
ISIN | IN0020220110 |
Retail Price | ₹ 5,359 |
Interest | 2.50% PA - Paid half-yearly |
LTP | ₹ 7,490 |
Interest Income* | ₹ 263 |
Total Profit/Loss | ₹ 2,394 |
Profit/Loss Percent | 45 % |
*Interest is calculated as on today