Issue price
₹5,197 per gram
₹5,147 for online applications paying digitally
SGB 2022-23 Series II: Issue Price ₹5,197, Redemption Dates and Value Today
Source: RBI press releases · latest release 19 Aug 2022 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹9,084 (174.79%)
vs the issue price · Mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026 — RBI’s rule applied to our own data. Indicative only: RBI fixes the price for each redemption date from the three business days before it, and only that figure is a price.
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 30 Aug and 2 Mar
- Premature redemption
- From 30 Aug 2027 (five years from issue), on each interest date Next date by the scheme’s terms: 30 Aug 2027. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 30 Aug 2030 (eight years from issue)
- Status
- Not yet redeemable — premature redemption opens on 30 Aug 2027
RBI’s redemption prices for SGB 2022-23 Series II
RBI has not yet published a redemption price for this tranche; its first premature redemption date is 30 Aug 2027.
Frequently asked questions
What was the issue price of SGB 2022-23 Series II?
₹5,197 per gram, ₹5,147 for online applications paying digitally. It was open for subscription from 22 Aug 2022 to 26 Aug 2022 and issued on 30 Aug 2022 (RBI press release of 19 Aug 2022).
When does SGB 2022-23 Series II mature?
On 30 Aug 2030, eight years from its issue on 30 Aug 2022. RBI repays the unit at the simple average of IBJA’s closing price of 999 gold over the three business days before the date, and pays the last interest with it.
When can SGB 2022-23 Series II be redeemed early?
From 30 Aug 2027, five years after issue, on every interest date (30 Aug and 2 Mar each year) until maturity — the next such date is 30 Aug 2027. Apply through the bank, post office or broker the bond was bought through, in the window RBI’s calendar gives.
What is SGB 2022-23 Series II worth today?
Indicatively ₹14,281 per unit — the mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026, which is RBI’s rule applied to the latest closes. That is +₹9,084 (+174.79%) on the issue price of ₹5,197, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2022-23 Series II pay?
2.5% a year on the issue price of ₹5,197 per gram — ₹129.93 per unit a year, paid in two halves on 30 Aug and 2 Mar, the last one with the redemption. Interest is taxable as income.