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Sovereign Gold Bonds 2022-23-Series-IV

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

Sovereign Gold Bonds 2022-23-Series-IV Details
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
Sovereign Gold Bonds 2022-23-Series-IV Preformance
NSE Symbol SGBMAR31IV
ISIN IN0020220169
Retail Price ₹ 5,561
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,396
Interest Income* ₹ 188
Total Profit/Loss ₹ 2,023
Profit/Loss Percent 36 %

*Interest is calculated as on today