The Reserve Bank of India (RBI) declared Sovereign gold bond September 2023 (Series II) price ₹5,923 per gram.  

sovereign gold bond

The issue will remain open for bidding from 11th September till 15th September 2023 

Discount of ₹50/- per gram for investors applying online. 

How to buy SBG? 1. Banks,  2. Stock Holding Corporation of India Ltd (SHCIL),  3. Post offices,  4. NSE and BSE

Who is eligible to buy SBG? 1. Resident individuals,  2. HUFs,  3. Trusts,  4. Universities and Charitable Institutions. 

Sovereign gold bond interest rate  Fixed rate of 2.50 per cent per annum 

Sovereign Gold Bond Tenure 8 years with an option of premature redemption after 5th year