Sovereign Gold Bond (SGB) August 2022 [2022-23 Series II]

SGB August 2022 | Sovereign Gold Bonds | 2022-23 Series 02 | 2022-23 Series II | SGB222302


Via a press release dated 19th August 2022, the Government of India has announced the details of the second tranche of the Sovereign Gold Bonds for the Financial Year 2022-23 i.e. the issue dates and issue price details for the August 2022 tranche for the Financial Year 2022-23.

SGB (Sovereign Gold Bonds) August 2022 Dates

What dates will the Sovereign Gold Bonds be available for application in August 2022?

The Sovereign Gold Bond Scheme 2022-23 – Series 02 (2022 August SGB series) will be open for subscription from August 22, 2022 (Monday) to August 26, 2022 (Friday). The details information on the Issue Details are as follows:

Issue Details of SGB August 2022 i.e. 2022-23 Series II Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 2 (Series II)
Security SymbolSGB222302
Issue PeriodAugust 22, 2022 to August 26, 2022
Issue Price (per gram of gold)Online Mode: ₹ 5,147 per gram | Offline Mode: ₹ 5,197 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 MultiplesYou may apply in multiples of 01 gram, until the specified maximum quantities. 
Rate of InterestThe 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 AllotmentAugust 30, 2022 (Friday)
Date of ListingTBC


Hopefully, this article helps you with all the details needed to make your investment decision.

Additionally, feel free to check out the 2022 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2022.

All the best in your investment journey!


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