In terms of Government of India Notification No.4(6)-B(W&M)/2022 dated December 15, 2022, Sovereign Gold Bonds 2022-23 (Series IV) will be opened for subscription during the period March 06-10, 2023 with Settlement date March 14, 2023. The issue price of the Bond during the subscription period shall be ₹5,611 (Rupees Five Thousand Six Hundred Eleven only) per gram, as also published by RBI in their Press Release dated March 03, 2023.          

Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹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 ₹5,561 (Rupees Five Thousand Five Hundred Sixty One only) per gram of gold.

Issue price of sovereign gold bonds set; online digital applications receive a limited per gram discount for digital payments. The announcement fixes the sovereign gold bond issue price per gram for the subscription period and states that investors who apply online and pay by digital mode are eligible for a per gram digital payment discount, resulting in a reduced effective issue price; it also specifies the subscription window and settlement date.