Sovereign Gold Bond Scheme 2022-23 (Series IV) – Issue Price
The Reserve Bank of India has announced the issue price of the Sovereign Gold Bond Scheme 2022-23 (Series IV) to be ₹5,611 per gram. Investors who apply online and pay through digital mode will receive a discount of ₹50 per gram, resulting in an issue price of ₹5,561 per gram. The subscription period for the bond is from March 06-10, 2023, with the settlement date on March 14, 2023.
Sovereign Gold Bond Scheme 2022-23 (Series IV) – Issue Price
In terms of Government of India Notification No.4(6)-B(W&M)/2022 dated December 15, 2022, Sovereign Gold Bonds 2022-23 (Series IV) will be opened for subscription during the period March 06-10-2023 with Settlement date March 14, 2023. The issue price of the Bond during the subscription period shall be ₹5,611 (Rupees Five Thousand Six Hundred Eleven only) per gram, as also published by RBI in their Press Release dated March 03, 2023.
Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors, the issue price of Gold Bond will be ₹5,561 (Rupees Five Thousand Five Hundred Sixty-One only) per gram of gold.
Government of India
Ministry of Finance
Department of Economic Affairs
Budget Division
North Block
New Delhi-110001
Dated: March 03, 2023