InvestorQ : What is the price at which the sovereign gold bonds are being issue this week?
Chandralekha Desai made post

What is the price at which the sovereign gold bonds are being issue this week?

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NISHA Nayak answered.
4 months ago
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On Monday, 30th August, the sixth and final tranche of the first half of FY22 will open for subscription. It will remain open for subscription till Friday, 03rd September. The issue price has been fixed at Rs.4,732 per gram of gold, and there will be an additional discount of Rs.50 per gram for digital applications made the investor. Like previous gold bonds, this tranche will also carry interest of 2.5% payable semi-annually.

These Gold bonds will be sold through designated post offices, SHCIL, recognized stock exchanges and by banks. However, SFBs and payment banks are not eligible to sell gold bonds. The bonds will have a tenor of 8 years but after 5 years a liquidity window will be provided. Gold bonds will be listed after 6 months. However, the capital gains are tax-free only if held for the full tenor of 8 years.

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