: "Sovereign Gold Bond September 2023 Tranche Opens for Subscription: Key Details and Investment Considerations"
The Reserve Bank of India (RBI) has officially announced the commencement of the Sovereign Gold Bond September 2023 Tranche, setting the issue price at ₹5,923 per 10 grams. This latest series of the Sovereign Gold Bond Scheme is open for subscription from September 11th to September 15th, 2023. The RBI has introduced a significant incentive for online applicants, offering a discount of ₹50 per 10 grams from the nominal value for those who apply digitally and make payment through digital modes. This results in an issue price of ₹5,873 per gram of gold for online applicants. Investors can acquire Sovereign Gold Bonds through various channels, including banks, Stock Holding Corporation of India Ltd (SHCIL), designated post offices, and recognized stock exchanges such as the NSE and the BSE. Key Details of the Sovereign Gold Bond September 2023 Tranche: Issue Price: ₹5,923 per 10 grams. Discount for Online Applicants: ₹50 per 10 grams. Subscription Period: September 11th to September...