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Sovereign Gold Bond Scheme 2022-23 (Series IV) – Issue Price

ADMIN by ADMIN
March 4, 2023
in Business & Other News
0
Sovereign Gold Bond Scheme announced by Central government for 2021 | Can you invest in same without having a Demat account
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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.

 

To read Press release CLICK HERE.

 

To read about earlier Sovereign gold bond series CLICK HERE.

 

Connect with us on: LinkedIn, Telegram, Instagram, Facebook, Twitter and Youtube for regular Updates.

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Tags: sovereign gold bond schemesovereign gold bond scheme 2021taxontips
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