Issue price
₹5,611 per gram
₹5,561 for online applications paying digitally
SGB 2022-23 Series IV: Issue Price ₹5,611, Redemption Dates and Value Today
Source: RBI press releases · latest release 3 Mar 2023 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹8,670 (154.52%)
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 14 Mar and 14 Sep
- Premature redemption
- From 14 Mar 2028 (five years from issue), on each interest date Next date by the scheme’s terms: 14 Mar 2028. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 14 Mar 2031 (eight years from issue)
- Status
- Not yet redeemable — premature redemption opens on 14 Mar 2028
RBI’s redemption prices for SGB 2022-23 Series IV
RBI has not yet published a redemption price for this tranche; its first premature redemption date is 14 Mar 2028.
Frequently asked questions
What was the issue price of SGB 2022-23 Series IV?
₹5,611 per gram, ₹5,561 for online applications paying digitally. It was open for subscription from 6 Mar 2023 to 10 Mar 2023 and issued on 14 Mar 2023 (RBI press release of 3 Mar 2023).
When does SGB 2022-23 Series IV mature?
On 14 Mar 2031, eight years from its issue on 14 Mar 2023. 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 IV be redeemed early?
From 14 Mar 2028, five years after issue, on every interest date (14 Mar and 14 Sep each year) until maturity — the next such date is 14 Mar 2028. 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 IV 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 +₹8,670 (+154.52%) on the issue price of ₹5,611, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2022-23 Series IV pay?
2.5% a year on the issue price of ₹5,611 per gram — ₹140.28 per unit a year, paid in two halves on 14 Mar and 14 Sep, the last one with the redemption. Interest is taxable as income.