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SGB Status: Closed [6th Mar 2023 to 10th Mar 2023]
Posted on 2020-01-25T16:29:56+00:00
Latest and updated information about SGB 2022-23 Series 4.
Activity | Date |
---|---|
Issue Opening Date | 6th Mar 2023 |
Issue Closing Date | 10th Mar 2023 |
Issue Price | ₹5611 |
Retail Discount | ₹50 |
Retail Price | ₹5561 |
Allotment Date | 14th Mar 2023 |
Interest | 2.50% PA - Paid half-yearly |
Redemption Month | Mar-2031 |
The Sovereign Gold Bonds 2022-23-Series-IV opens on Monday and the issue price has been fixed at ₹5611 per gram (Rs 202 up from the series 3nd price of Rs 5409).
The Sovereign Gold Bonds 2022-23-Series-IV (SGB 2022-23 Series 4), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 06 Mar 2023 to 10 Mar 2023. The Bonds will be issued on the 14th Mar 2023. The issue price is ₹5611 per gram of gold. Special discount of ₹50 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 ₹5561 per gram of gold. Assured return of 2.50% PA payable half-yearly on 5359/gm.
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.
Last Updated on 2023-03-24T18:30:19+00:00
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