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Introduction to SGB March 2022 Tranche Details
The Sovereign Gold Bond Scheme 2021-22 – Series 10 will be open for subscription from February 28, 2022 to March 04, 2022. The details information on the Issue Details are as follows:
Issue Details of SGB 2021-22 Series X Tranche
| Issue Name | Sovereign Gold Bonds Scheme 2021-22 – Series 10 (Series X) |
| Security Symbol | SGB212210 |
| ISIN | INxxxxxxxx |
| Issue Period | February 28, 2022 to March 04, 2022 |
| Issue Price (per gram of gold) | Online Mode: ₹ 5,059 per gram | Offline Mode: ₹ 5,109 per gram |
| Minimum Quantity (in grams) | 1 gram |
| Maximum Quantity (in grams) | For Individuals and HUF: 4000g (4kg). For Trusts, and similar entities: 20,000g (20kg) |
| Bid Quantity Multiples | You may apply in multiples of 01 gram, until the specified maximum quantities. |
| Rate of Interest | The Government of India has indicated that an interest of 2.50% per annum on the amount of initial investment will be paid to investor. The interest accrual shall commence from the date of issue, and is paid out every 6 months. |
| Date of Allotment | March 08, 2022 (Friday) |
| Date of Listing | TBC |
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