The third series of Sovereign Gold Bonds (SGBs) 2023-24 is open for subscription until December 22, 2023.
You get a further Rs 50 per gram discount for those who apply online and use a digital mode of payment.
SGBs with similar maturity in the secondary market can be available at discounted prices.
The current market rates for some of the existing SGBs with similar maturity profiles are available for Rs 6,114 per gram only.
There are often fewer buyers in the market, so low demand brings down prices.
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Always look at the SGB prices in the secondary market before subscribing to a new series. They may offer discounts.