Sovereign Gold Bonds- SGB February 2024 [Update]

Sovereign Gold Bonds- February 2024; SGB February 2024

Introduction

With the RBI press release on 9th February 2024, the SGB announcement for the February 2024 tranche of the Sovereign Gold Bonds timelines are now out.

Details of the SGB- February 2024

Issue DetailsAmount
Issue Price₹6,213 per gram (if online mode), OR ₹6,263 per gram (if offline mode)
Issue PeriodFebruary 12 to February 16, 2024
Date of Allotment/IssuanceFebruary 21, 2024
EligibilityIndividuals, HUFs, trusts, universities, and charitable institutions
Payment OptionsCash, cheque, demand draft, electronic funds transfer, online banking
Minimum Investment1 gram of gold
Maximum Limit (Individuals)4 kilograms

Links:

Sovereign Gold Bonds- SGB December 2023 [Update]

Introduction

With the RBI press release on 15th December 2023, the SGB announcement for the December 2023 tranche of the Sovereign Gold Bonds timelines are now out.

Details of the SGB- December 2023

Issue DetailsAmount
Issue Price₹6,149 per gram (if online mode), OR ₹6,199 per gram (if offline mode)
Issue PeriodDecember 18 to December 22, 2023
Date of Allotment/IssuanceDecember 28, 2023
EligibilityIndividuals, HUFs, trusts, universities, and charitable institutions
Payment OptionsCash, cheque, demand draft, electronic funds transfer, online banking
Minimum Investment1 gram of gold
Maximum Limit (Individuals)4 kilograms

Links:

SGB September 2023: A Comprehensive Guide

Sovereign Gold Bonds September 2023: Complete Guide | Issue price, Issue Dates, FAQs & more. Your guide to gold investments. #SGB #GoldBonds

Introduction

Sovereign Gold Bonds (SGBs) are quite the fascinating financial instrument. Imagine blending the allure of gold, the stability of government backing, and the convenience of paperless investing. In September 2023, the Government of India is rolling out another series of SGBs, offering investors an enticing opportunity. In this article, we’ll dive into the details of SGBs, explore their features, and get you well-versed in the particulars of the September 2023 issue of SGB.

Understanding Sovereign Gold Bonds

SGBs are a relatively modern financial innovation. They made their debut in 2015, courtesy of the Government of India. The basic premise? These bonds are like a digital manifestation of gold. They’re issued by the Reserve Bank of India (RBI) on behalf of the government, and they’re denominated in grams of the precious metal. Investors, thus, gain exposure to gold’s price movements without the hassles of securing and storing physical gold.

Features of SGBs

Now, let’s take a closer look at what makes SGBs tick:

a. Tenure: SGBs have an eight-year maturity period, with a unique feature – you can exit after the fifth year. It’s a marriage of long-term commitment and flexibility.

b. Liquidity: What’s better than an investment that you can liquidate easily? SGBs are listed on stock exchanges, making it a cinch to sell them before maturity if the need arises.

c. Interest: SGBs offer an attractive fixed interest rate, currently set at 2.50% per annum, paid out semi-annually. It’s like gold with a bonus.

d. Tax Benefits: Here’s a golden nugget – capital gains upon redemption are tax-free, making SGBs a tax-smart choice.

e. No Making Charges: Unlike your typical gold purchase, there are no pesky making charges with SGBs. Every gram counts.

f. Safety: As an instrument issued by the government, SGBs have an impenetrable shield of security around them.

Issue Details for SGB September 2023

Now, for the details that really matter:

Issue DetailsAmount
Issue Price₹5,873/- per gram (if online mode), OR ₹5,923/- per gram (if offline mode)
Issue PeriodSeptember 11-15, 2023
Date of AllotmentSeptember 20, 2023
EligibilityIndividuals, HUFs, trusts, universities, and charitable institutions
Payment OptionsCash, cheque, demand draft, electronic funds transfer, online banking
Minimum Investment1 gram of gold
Maximum Limit (Individuals)4 kilograms

Subscription Process

Investing in SGBs is about as complex as a game of chess – which is to say, not complex at all:

a. Approach Financial Institutions: Head over to scheduled commercial banks, post offices, or recognized stock exchanges to get started. And most conveniently, you can apply for the Sovereign Gold Bonds through your broker (viz. Zerodha, Groww, HDFC Securities, ICICI Direct etc.)

b. Subscription Form: Fill out a simple subscription form, readily available at these authorized institutions.

c. Payment: Pay the required amount through cash, cheque, demand draft, electronic funds transfer, UPI, or online banking – it’s your choice.

d. KYC Documents: Don’t forget the paperwork; submit the essential Know Your Customer (KYC) documents as required.

e. Allotment: Voila! On the specified allotment date, your SGBs will magically appear in your demat account.

Benefits of Investing in SGBs

Here’s why SGBs are winning the hearts of investors:

a. Safety: As the name of the bond implies, there is a sovereign guarantee, and is backed by the mighty Government of India.

b. Earnings: Beyond the potential capital appreciation, investors receive regular interest payments – a cherry on top.

c. Liquidity: SGBs come with an exit door – they’re easily tradable on stock exchanges, offering liquidity at your fingertips.

d. Tax Benefits: Picture this – no capital gains tax if you hold onto your SGBs until maturity. It’s a tax-free treasure.

e. Diversification: With SGBs, you can sprinkle some golden diversification into your portfolio, mitigating risk like a pro.

Risks and Considerations

No investment is a smooth ride. Here are a few bumps on the SGB road:

While SGBs are relatively low-risk compared to physical gold, investors should consider factors like fluctuations in gold prices and the fixed interest rate. Early exit within five years may result in a capital loss. It’s essential to assess your investment horizon and goals before investing in SGBs.

Conclusion

Sovereign Gold Bonds for September 2023 are the best of both worlds – gold’s timeless allure and the security of government-backed bonds. Whether you’re a seasoned investor or just dipping your toes, SGBs offer a unique blend of glitter and stability, making them a valuable addition to your investment playbook.

In the ever-evolving world of finance, SGBs continue to shine as a bright spot, offering a path to diversification and wealth preservation. Consider them not just an investment but a golden opportunity to secure your financial future.

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

Additionally, feel free to check out the 2023 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2023.

All the best in your investment journey!

Sources:

Sovereign Gold Bond (SGB) June 2023 [2023-24 Series I]

Introduction

As per the recent announcement by the Reserve Bank of India (RBI), the Sovereign Gold Bond (SGB) scheme will be open for subscription from June 19th to June 23rd, 2023. This scheme allows investors to invest in gold without actually buying physical gold, which makes it an attractive investment option.

Details of the Sovereign Gold Bond Scheme

The SGB scheme is issued by the RBI on behalf of the Government of India. The bonds are denominated in grams of gold, and the price of one gram of gold is fixed by the government based on the prevailing market rates at the time of issuance. Investors can purchase these bonds from authorised banks and financial institutions or through the stock exchanges. The minimum investment in SGBs is one gram of gold, and the maximum is 4 kilograms for individuals and HUFs (Hindu Undivided Families) and 20 kilograms for trusts and other eligible entities.

SGB (Sovereign Gold Bonds) June 2023 Dates

What dates will the Sovereign Gold Bonds be available for application in June 2023?

The Sovereign Gold Bond Scheme 2023-24 – Series 01 (June 2023 SGB series) will be open for subscription from June 19, 2023 (Monday) to June 23, 2023 (Friday).

The detailed information on the Issue Details are as follows:

Issue Details of SGB June 2023 i.e. 2023-24 Series I Tranche

Issue NameSovereign Gold Bonds Scheme 2023-24 – Series 1 (Series I)
Security SymbolSGB232401
ISININxxxxxxxx
Issue PeriodJune 19, 2023 to June 23, 2023
Issue Price (per gram of gold)Online Mode: ₹5,876 per gram | Offline Mode: ₹ 5,926 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 AllotmentJune 27, 2023 (Tuesday)
Date of ListingTBC

Interest Rates and Tenure

The SGB scheme provides an interest rate of 2.5% per annum, payable semi-annually on the invested amount. This rate is significantly higher than the interest rates offered on other gold investments such as gold ETFs (Exchange-Traded Funds) and physical gold. The tenure of Sovereign Gold Bonds is eight years, with an option to exit after the fifth year. Investors can choose to redeem the bonds at any time after the fifth year, and the redemption price will be based on the prevailing market price of gold at the time of redemption.

Allotment Price

The allotment price of Sovereign Gold Bonds is based on the average closing price of gold of 999 purity of the last three business days of the previous week.

For the June 2023 tranche, the allotment price would be for ₹5,876 per gram (online mode), and ₹5,926 per gram (offline mode).

The allotment of bonds is made on a first-come, first-served basis, subject to the availability of bonds. The bonds are issued in a dematerialised form, which means that investors do not receive any physical certificates for their investment. Instead, they receive an electronic certificate in their demat account.

How to Apply for Sovereign Gold Bonds

Investors can apply for the SGB scheme through their banks or financial institutions. They need to fill in the application form and submit it along with the necessary documents and payment. The payment can be made through cash, cheque, demand draft or online transfer. The banks or financial institutions will then submit the application to the RBI on behalf of the investor. Investors can also apply for SGBs through the stock exchanges if they have a demat account.

Benefits of Investing in Sovereign Gold Bonds

Sovereign Gold Bonds offer several benefits to investors.

  • Firstly, they provide an opportunity for investors to invest in gold without actually buying the physical metal. This eliminates the need for storing, insuring, and transporting physical gold, which can be costly and risky.
  • Secondly, the interest rate offered by the government is significantly higher than other gold investments, which makes it an attractive investment option.
  • Thirdly, the exemption of capital gains tax on maturity provides a tax-efficient way of investing in gold.
  • Lastly, Sovereign Gold Bonds can be used as collateral for loans, providing investors with an additional source of funds.

Conclusion

The Sovereign Gold Bond scheme provides an excellent investment opportunity for individuals looking to invest in gold. The interest rate offered by the government, tax benefits, and the option to use the bonds as collateral for loans make them a compelling investment option. The June 2023 subscription window provides an opportunity for investors to invest in these bonds and diversify their portfolio. However, it is essential to consider factors such as market volatility and the prevailing gold prices before investing in SGBs. Overall, Sovereign Gold Bonds are an excellent investment option for individuals looking to invest in gold and diversify their portfolio.

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

Additionally, feel free to check out the 2023 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2023.

All the best in your investment journey!

Sources

2023 Sovereign Gold Bonds (SGB) Calendar: Everything You Need to Know

Sovereign Gold Bonds (SGB) 2023 | SGB 2023 Calendar | SGB 2023 | SGB Issue Dates Details for 2023 | SGB Issuance Price Details for 2023

Introduction

The Sovereign Gold Bond (SGB) is a popular investment option for those looking to invest in gold. These bonds are issued by the Reserve Bank of India (RBI) on behalf of the government and are denominated in grams of gold. The SGB scheme was first introduced in 2015 and has been gaining popularity ever since.

For 2023, the government has announced that it will issue multiple tranches of Sovereign Gold Bonds throughout the year. These tranches will allow investors to invest in gold in a systematic manner, rather than investing a large sum of money all at once.

Benefits of investing in SGBs in 2023

One of the key benefits of investing in SGBs is that they offer the same benefits as physical gold, but without the hassle of storing or securing the gold. The bonds can be easily traded on stock exchanges, and investors can also choose to redeem them for cash at the prevailing market price.

SGBs also offer an annual interest rate of 2.5% on the initial investment amount. This interest is paid out semi-annually, making SGBs a good investment option for those looking to earn a steady income.

Furthermore, SGBs are considered a safe investment option, as they are backed by the government of India. This means that investors do not have to worry about the creditworthiness of the issuer.

Sovereign Gold Bonds (SGB) Calendar for 2023

Sr. NoSecurity SymbolApplication Starts OnApplication Ends OnSGB Issuance DateOffline Issue Price (₹ per gm)Online/Digital Issue Price (₹ per gm)Tranche
01SGB222304March 06, 2023March 10, 2023March 14, 2023₹ 5,611 per gram₹ 5,561 per gram2022-23 Series IV
02SGB232401March 19, 2023March 23, 2023June 27, 2023₹ 5,926 per gram₹5,876 per gram2023-24 Series I
03SGB232402September 11, 2023September 15, 2023September 20, 2023₹5,923/- per gram₹5,873/- per gram2023-24 Series II
04SGB232403December 18, 2023December 22, 2023December 28, 2023₹6,199 per gram₹6,149 per gram2023-24 Series III

Sovereign Gold Bonds Application Process

Investors who wish to invest in SGBs can do so through banks, post offices, stock exchanges, and other designated channels. The application process is simple and can be done online or offline.

Investors must provide their basic details, such as name, address, and PAN number, along with their investment amount. Once the application is processed, the bonds are credited to the investor’s demat account.

Investors who do not have a demat account can also invest in SGBs through physical certificates. These certificates are issued by the RBI and can be redeemed for cash at the end of the bond’s maturity period.

Important Disclaimer

Investing in SGBs involves risk, and investors are advised to conduct their own due diligence before investing. The value of the bonds can fluctuate depending on market conditions. Also, since the redemption price will be dependent on the spot price at the time of the redemption, there is a possibility that the investors may not be able to redeem the bonds for the full investment amount. It is important to carefully read the prospectus and other documents provided by the RBI before investing in SGBs.

Conclusion

Sovereign Gold Bonds are an excellent investment option for those looking to invest in gold. The bonds offer all the benefits of physical gold, without the hassle of storing or securing the gold. The annual interest rate of 2.5% makes SGBs a good investment option for those looking to earn a steady income.

In 2023, the government will issue multiple tranches of SGBs throughout the year. Investors can invest in these tranches in a systematic manner, rather than investing a large sum of money all at once. The application process is simple, and investors can invest in SGBs through online or offline channels.

Overall, the Sovereign Gold Bond is a safe and attractive investment option for those looking to invest in gold. The government’s commitment to issuing multiple tranches in 2023 provides investors with an excellent opportunity to invest in gold in a systematic and safe manner. However, it is important to conduct due diligence before investing in SGBs.

So, feel free to bookmark the dates for the application dates and issuance dates of the Sovereign Gold Bonds for 2023. The detailed SGB tranches dates calendar for 2021, 2022 have previously been updated, and webnotes.in will continue to update for 2023 as well.

Sources:

Sovereign Gold Bond (SGB) March 2023 [2022-23 Series IV]

Introduction

As per the recent announcement by the Reserve Bank of India (RBI), the Sovereign Gold Bond (SGB) scheme will be open for subscription from March 6th to March 10th, 2023. This scheme allows investors to invest in gold without actually buying physical gold, which makes it an attractive investment option.

Details of the Sovereign Gold Bond Scheme

The SGB scheme is issued by the RBI on behalf of the Government of India. The bonds are denominated in grams of gold, and the price of one gram of gold is fixed by the government based on the prevailing market rates at the time of issuance. Investors can purchase these bonds from authorised banks and financial institutions or through the stock exchanges. The minimum investment in SGBs is one gram of gold, and the maximum is 4 kilograms for individuals and HUFs (Hindu Undivided Families) and 20 kilograms for trusts and other eligible entities.

SGB (Sovereign Gold Bonds) March 2023 Dates

What dates will the Sovereign Gold Bonds be available for application in March 2023?

The Sovereign Gold Bond Scheme 2022-23 – Series 04 (March 2023 SGB series) will be open for subscription from March 06, 2023 (Monday) to March 10, 2023 (Friday).

The detailed information on the Issue Details are as follows:

Issue Details of SGB March 2023 i.e. 2022-23 Series IV Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 4 (Series IV)
Security SymbolSGB222304
ISININxxxxxxxx
Issue PeriodMarch 06, 2023 to March 10, 2023
Issue Price (per gram of gold)Online Mode: ₹ 5,561 per gram | Offline Mode: ₹ 5,611 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 AllotmentMarch 14, 2023 (Tuesday)
Date of ListingTBC

Interest Rates and Tenure

The SGB scheme provides an interest rate of 2.5% per annum, payable semi-annually on the invested amount. This rate is significantly higher than the interest rates offered on other gold investments such as gold ETFs (Exchange-Traded Funds) and physical gold. The tenure of Sovereign Gold Bonds is eight years, with an option to exit after the fifth year. Investors can choose to redeem the bonds at any time after the fifth year, and the redemption price will be based on the prevailing market price of gold at the time of redemption.

Allotment Price

The allotment price of Sovereign Gold Bonds is based on the average closing price of gold of 999 purity of the last three business days of the previous week.

For the March 2023 tranche, the allotment price would be for ₹ 5,561 per gram (online mode), and ₹ 5,611 per gram (offline mode).

The allotment of bonds is made on a first-come, first-served basis, subject to the availability of bonds. The bonds are issued in a dematerialised form, which means that investors do not receive any physical certificates for their investment. Instead, they receive an electronic certificate in their demat account.

How to Apply for Sovereign Gold Bonds

Investors can apply for the SGB scheme through their banks or financial institutions. They need to fill in the application form and submit it along with the necessary documents and payment. The payment can be made through cash, cheque, demand draft or online transfer. The banks or financial institutions will then submit the application to the RBI on behalf of the investor. Investors can also apply for SGBs through the stock exchanges if they have a demat account.

Benefits of Investing in Sovereign Gold Bonds

Sovereign Gold Bonds offer several benefits to investors.

  • Firstly, they provide an opportunity for investors to invest in gold without actually buying the physical metal. This eliminates the need for storing, insuring, and transporting physical gold, which can be costly and risky.
  • Secondly, the interest rate offered by the government is significantly higher than other gold investments, which makes it an attractive investment option.
  • Thirdly, the exemption of capital gains tax on maturity provides a tax-efficient way of investing in gold.
  • Lastly, Sovereign Gold Bonds can be used as collateral for loans, providing investors with an additional source of funds.

Conclusion

The Sovereign Gold Bond scheme provides an excellent investment opportunity for individuals looking to invest in gold. The interest rate offered by the government, tax benefits, and the option to use the bonds as collateral for loans make them a compelling investment option. The March 2023 subscription window provides an opportunity for investors to invest in these bonds and diversify their portfolio. However, it is essential to consider factors such as market volatility and the prevailing gold prices before investing in SGBs. Overall, Sovereign Gold Bonds are an excellent investment option for individuals looking to invest in gold and diversify their portfolio.

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

Additionally, feel free to check out the 2023 SGB (Sovereign Gold Bonds) Calendar for the details of the other tranches already issued, or planned for 2023.

All the best in your investment journey!

Sources

Sovereign Gold Bond (SGB) December 2022 [2022-23 Series III]

Introduction

Via a press release dated 16th December 2022, the Government of India has announced the details of the third tranche of the Sovereign Gold Bonds for the Financial Year 2022-23 i.e. the issue dates and issue price details for the December 2022 tranche for the Financial Year 2022-23.

SGB (Sovereign Gold Bonds) December 2022 Dates

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

The Sovereign Gold Bond Scheme 2022-23 – Series 03 (2022 December SGB series) will be open for subscription from December 19, 2022 (Monday) to December 23, 2022 (Friday). The details information on the Issue Details are as follows:

Issue Details of SGB December 2022 i.e. 2022-23 Series III Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 3 (Series III)
Security SymbolSGB222303
ISININxxxxxxxx
Issue PeriodDecember 19, 2022 to December 23, 2022
Issue Price (per gram of gold)Online Mode: ₹ 5,359 per gram | Offline Mode: ₹ 5,409 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 AllotmentDecember 27, 2022 (Tuesday)
Date of ListingTBC

Conclusion

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!

Sources

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

Introduction

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
ISININxxxxxxxx
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

Conclusion

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!

Sources

Sovereign Gold Bond (SGB) June 2022 [2022-23 Series I]

SGB March 2022 | Sovereign Gold Bonds | 2022-23 Series 01 | SGB222301

Introduction to SGB June 2022 Tranche Details

Finally, after a long period, the Sovereign Gold Bonds are back. Via a press release dated 16th June 2022, the Government of India has announced the commencement dates for the SGB dates for the Financial Year 2022-23.

SGB (Sovereign Gold Bonds) June 2022 Dates

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

The Sovereign Gold Bond Scheme 2022-23 – Series 01 (2022 June SGB series) will be open for subscription from June 20, 2022 (Monday) to June 24, 2022 (Friday). The details information on the Issue Details are as follows:

Issue Details of SGB March 2022 2022-23 Series I Tranche

Issue NameSovereign Gold Bonds Scheme 2022-23 – Series 1 (Series I)
Security SymbolSGB222301
ISININxxxxxxxx
Issue PeriodJune 20, 2022 to June 24, 2022
Issue Price (per gram of gold)Online Mode: ₹ 5,041 per gram | Offline Mode: ₹ 5,091 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 AllotmentJune 28, 2022 (Friday)
Date of ListingTBC

Conclusion:

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!

Sources:

Sovereign Gold Bond 2021-22 Series X

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 NameSovereign Gold Bonds Scheme 2021-22 – Series 10 (Series X)
Security SymbolSGB212210
ISININxxxxxxxx
Issue PeriodFebruary 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 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 AllotmentMarch 08, 2022 (Friday)
Date of ListingTBC

Sources: