Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds in tranches as per the calendar specified below:
the Sovereign Gold Bond Scheme 2022-23 - Series I will be open for subscription during June 20–24, 2022.
The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)]
for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. June 15, June 16 and June 17, 2022 works out to ₹5,091/- (Rupees Five thousand and ninety-one only) per gram of gold.
Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of ₹50/- per gram
less than the nominal value to those investors applying online and the payment against the application is made through digital mode.
For such investors, the issue price of Gold Bond will be ₹5,041/- (Rupees Five thousand and forty-one only) per gram of gold.
1.2022-23- Series IJune 20 - June 24, 2022June 28, 2022 2.2022-23 Series IIAugust 22 - August 26, 2022August 30, 2022