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 |
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