Sovereign gold bond open for subscription: Issue price, 10 point discount
The first tranche of Sovereign Gold Bond or SGB Scheme for the current financial year was opened for subscription today. The issue price was set at ₹5,091 per gram of gold. The Sovereign Gold Bond Scheme 2022-23 – Series I will remain open until June 24, 2022. Investors who apply online and make an online payment receive a rebate of ₹50 per gram. For these investors, the issue price will be ₹5,041 per gram. The issue date will be June 28, 2022. In the futures market, gold prices were trading slightly higher at ₹50866 for 10 grams.