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        Case ID :

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

        August 20, 2022

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        In terms of Government of India Notification No.4(6)-B(W&M)/2022 dated June 15, 2022, Sovereign Gold Bonds 2022-23 (Series II) will be opened for subscription during the period August 22-26, 2022 with Settlement date August 30, 2022. The issue price of the Bond during the subscription period shall be Rs 5,197 (Rupees five thousand one hundred ninety seven only) per gram, as also published by RBI in their Press Release dated August 19, 2022.          

        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 5,147 (Rupees five thousand one hundred forty seven only) per gram of gold. 

        Sovereign Gold Bond issue price set; online digital applicants receive a per-gram discount during subscription. Sovereign Gold Bond 2022-23 (Series II) subscriptions are opened for a defined window with a published issue price per gram and a specified settlement date; investors applying online and paying through digital mode are eligible for a per-gram discount from the issue price, resulting in a reduced payable price for such applicants as set out in the issuance press communications.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Sovereign Gold Bond issue price set; online digital applicants receive a per-gram discount during subscription.

                                Sovereign Gold Bond 2022-23 (Series II) subscriptions are opened for a defined window with a published issue price per gram and a specified settlement date; investors applying online and paying through digital mode are eligible for a per-gram discount from the issue price, resulting in a reduced payable price for such applicants as set out in the issuance press communications.





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