According to an RBI press release issued on June 14, 2023, the first tranche will be available for subscription from June 19-23 and second tranche will available from September 11-15.
The first tranche, 2023-24 Series I, will be issued from June 19 and continue till June 23. The second issue, 2023-24 Series II, will be issued between September 11 and 15, 2023, Reserve Bank of India (RBI) said in a statement.
The government has decided to issue two tranches of sovereign gold bonds (SGBs) during the first half of the current financial year. The date for subscription for 2023-24 Series I is June 19-23, 2023, while for Series II is September 11-15, 2023. The tenor of the SGB will be for a period of eight years with an option of premature redemption after 5th year to be exercised on the date on which interest is payable.
Investors can buy Sovereign Gold Bonds from authorised post offices, Scheduled Commercial Banks, Stock Holding Corporation of India Limited (SHCIL), Clearing Corporation of India Limited (CCIL), and stock exchanges NSE and BSE.