In terms of Government of India Notification No.4(6)-B(W&M)/2023 dated December 08, 2023, Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during the period February 12-16, 2024 with Settlement date February 21, 2024. The issue price of the Bond during the subscription period shall be ₹6,263 (Rupees Six Thousand Two Hundred Sixty Three only) per gram, as also published by RBI in their Press Release dated February 09, 2024.           

The 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 ₹6,213 (Rupees Six Thousand Two Hundred Thirteen only) per gram of gold.   

Sovereign Gold Bond subscription: online digital applicants eligible for discount on issue price during subscription window Sovereign Gold Bond issuance for 2023 24 Series IV opens 12-16 February 2024 with settlement on 21 February 2024 at an issue price of Rs.6,263 per gram; a prescribed discount of Rs.50 per gram applies when subscription is made online and payment is effected through digital mode, reducing the issue price to Rs.6,213 per gram for eligible investors.