This has reference to the GoI notification F.No.4(6)-B(W&M)/2022 and RBI press release dated June 15, 2022 announcing that the Sovereign Gold Bond Scheme 2022-23 – Series 4 will be open for subscription from Monday, March 06, 2023 to Friday, March 10, 2023.

The Exchange is pleased to announce that BSE’s Online Bidding Platform for Sovereign Gold Bond Scheme 2022-23 – Series 4 (Tranche 63) will be open for subscription from Monday, March 06, 2023 to Friday, March 10, 2023 for trading members to subscribe to the issue for their clients.

Members will be also able to place bids for physical mode for their clients to hold SGB units in non-demat form.

This will be in addition to the existing bid entry in demat mode through IBBS system - Exchange’s existing web-based online bidding platform for IPO, Offer for Sale (OFS), Offer to buy (OTB) issues.

Issue details

 Issue Name  Sovereign Gold Bonds Scheme 2022-23 – Series IV  (Tranche 63)
 Symbol  SGB222304
 Issue serial number  29236
 ISIN  IN0020220169
 Issue Period  Monday, March 06 to Friday, March 10, 2023

Issue Price (per gram of gold)

 Online BID: Rs. 5,561 (For investors applying online and the payment against the application is made through digital mode)
 Issue Price (per gram of gold)

Offline BID: Rs. 5,611

 Minimum Quantity  1 gram
 Maximum Quantity

The maximum limit of subscribed shall be 4 KG for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time. A self-declaration to this effect will be obtained. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the Secondary Market

 Bid Quantity Multiple  1 gram
 Rate of Interest  2.50% per annum on the amount of initial investment. It shall commence from the date of its issue and is payable every 6 months.
 Date of Allotment  March 14, 2023

 

  201404210316526522603845   201404210316526522603171   201404210316526522603762   201606080432378699589304.jpg

 

Open Account Now