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Sovereign Gold Bonds 2022-23-Series-III

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

Sovereign Gold Bonds 2022-23-Series-III Details
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
Sovereign Gold Bonds 2022-23-Series-III Preformance
NSE Symbol SGBDE30III
ISIN IN0020220110
Retail Price ₹ 5,359
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,490
Interest Income* ₹ 209
Total Profit/Loss ₹ 2,340
Profit/Loss Percent 44 %

*Interest is calculated as on today