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Sovereign Gold Bonds 2023-24-Series-IV

Sovereign Gold Bonds 2023-24-Series-IV opens on Monday and the issue price has been fixed at ₹6,263 per gram.

Sovereign Gold Bonds 2023-24-Series-IV, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from February 12, 2024 to February 16, 2024. The Bonds will be issued on the February 21, 2024. The issue price is ₹6,263 per gram of gold. Special discount of ₹6,213 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 ₹6,213 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 2023-24-Series-IV Details
Issue Opening Date February 12, 2024
Issue Closing Date February 16, 2024
Issue Price ₹ 6,263
Retail Discount ₹ 50
Retail Price ₹ 6,213
Allotment Date February 21, 2024
Interest 2.50% PA - Paid half-yearly
Redemption Month February, 2032
Interest Payment Date August 21, 2024 - February 21, 2025
Sovereign Gold Bonds 2023-24-Series-IV Preformance
NSE Symbol SGBFEB32IV
ISIN IN0020230184
Retail Price ₹ 6,213
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,465
Interest Income* ₹ 63
Total Profit/Loss ₹ 1,315
Profit/Loss Percent 21 %

*Interest is calculated as on today