Sovereign gold bond opens for subscription: Issue price, discount in 10 points
Sovereign gold bonds(SGB 2022-2023): Capital gains, if any, at maturity is tax-free. This is an exclusive benefit available on gold bonds
The first tranche of Sovereign Gold Bond or SGB scheme for the current fiscal opened for subscription today. The issue price has been fixed at ₹5,091 per gram of gold. The Sovereign Gold Bond Scheme 2022-23 - Series I will remain open till June 24, 2022. Investors who apply online and make payment online get a discount of ₹50 per gram. For such investors, the issue price will be ₹5,041 per gram. The date of issuance will be June 28, 2022. In the futures market, gold prices were trading slightly higher at ₹50866 per 10 gram.