Govt Issues Sovereign Gold Bond Scheme 2022-23 (Series III) – Issue Price

Sovereign Gold Bond Scheme 2022-23 (Series III) – 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 III) will be opened for subscription during the period December 19-23, 2022 with Settlement date December 27, 2022. The issue price of the Bond during the subscription period shall be Rs 5,409 (Rupees Five Thousand Four Hundred Nine only) per gram, as also published by RBI in their Press Release dated December 16, 2022.    

The Government of India in consultation with the Reserve Bank of India has decided to allow discount of Rs 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 Rs 5,359 (Rupees Five Thousand Three Hundred Fifty Nine only) per gram of gold.

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