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This has reference to the GoI notification F.No.4(4)-B(W&M)/2020 and RBI IDMD.CDD.No.2729/14.04.050/2019- 20 dated April 13, 2020 announcing that the Sovereign Gold Bonds Scheme 2023-24 – Series 2 (Tranche 65) will be open for subscription from Monday, September 11, 2023 to Friday, September 15, 2023. The Exchange is pleased to announce that BSE’s Online Bidding Platform for Sovereign Gold Bonds Scheme 2023-24 – Series 2 (Tranche 65) will be open for subscription from Monday, September 11, 2023 to Friday, September 15, 2023 for trading members to subscribe to the issue for their clients. The issue price has been fixed at Rs. 5,873/- (Rupees Five Thousand Eight Hundred and Seventy Three only) per gram of gold.
Details of the SGB Scheme Master
Issue Name |
Sovereign Gold Bonds Scheme 2023-24 - Series 2 (Tranche 65) | |
Symbol | SGB232402 | |
Issue serial number | 30167 | |
ISIN | IN0020230093 | |
Issue Period | Monday, September 11, 2023 to Friday, September 15, 2023 | |
Demat Mode Timing | 9:00 am on T day till 5 pm on last day of bidding period | |
(Modification/Cancellation/Payment of bids date and timing) | 9:00 am on T day till 5:30 pm on last day of bidding period | |
Issue Price (per gram of gold) | Online BID: Rs. 5,873 (For investors applying online and the payment against the application is made through digital mode) | |
Offline BID: Rs. 5,923 | ||
Minimum Quantity | 1 gram | |
Maximum Quantity | The maximum limit of subscribed shall be 4 KG for individual. 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time. A self-declaration to this effect will be obtained. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the Secondary Market. | |
Bid Quantity Multiple | 1 gram | |
Rate of Interest | 2.50% per annum on the amount of initial investment. It shall commence from the date of its issue and is payable every 6 months. | |
Date of Allotment | Wednesday, September 20, 2023 |