Sovereign Gold Bond 2022-23: Series III subscription to open on Dec 19
New Delhi/IBNS: The Ministry of Finance on Friday said the subscription for Series III of the Sovereign Gold Bonds 2022-23 will open during December 19-23, 2022.
The sovereign bonds will be issued on December 27, 2022.
“The issue price of the Bond during the subscription period shall be Rs 5,409 (Rupees Five Thousand Four Hundred Nine only) per gram, as also published by RBI in their Press Release dated December 16, 2022,” the Ministry of Finance said.
The government 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 5,359 per gram of gold,” it said.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Congress questions Modi govt after Russia advances jet engine supply to Pakistan
Elon Musk faces backlash in India over post on British colonisation
Madhya Pradesh, Tamil Nadu, Kerala ban Coldrif cough syrup after toxic chemical found linked to child deaths
Barack and Michelle Obama celebrate 33 years of marriage with touching tributes and timeless memories
