he Government of India has announced that the Sovereign Gold Bond Scheme 2022-23 (Series IV) will be open for subscription from March 06-10, 2023, with a settlement date of March 14, 2023. The issue price of the Bond during the subscription period will be ₹5,611 per gram. However, investors who apply online and make the payment through digital mode will be eligible for a discount of ₹50 per gram, with the issue price of Gold Bond set at ₹5,561 per gram of gold. This decision was taken by the Government of India in consultation with the Reserve Bank of India.
Sovereign Gold Bond Scheme 2022-23 (Series IV) – Issue Price
Press Release
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
Source: dea.gov.in
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