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SGB Status: Closed [20th Nov 2017 to 22nd Nov 2017]

Sovereign Gold Bonds 2017-18-Series-IX@2914/gm

Posted on 2019-09-12T16:28:03+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2017-18-Series-IX Details

Latest and updated information about SGB 2017-18 Series 9.

SGB 2017-18 Series 9 Details
Activity Date
Issue Opening Date 20th Nov 2017
Issue Closing Date 22nd Nov 2017
Issue Price ₹2964
Retail Discount ₹50
Retail Price ₹2914
Allotment Date 27th Nov 2017
Interest 2.50% PA - Paid half-yearly
Redemption Month Nov-2025

The Sovereign Gold Bonds 2017-18-Series-IX opens on Monday and the issue price has been fixed at ₹2964 per gram.

The Sovereign Gold Bonds 2017-18-Series-IX (SGB 2017-18 Series 9), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 20th Nov 2017 to 22nd Nov 2017. The Bonds will be issued on the 27th Nov 2017. The issue price is ₹2964 per gram of gold. Special discount of ₹50 per gram for the investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of the gold bond will be ₹2914 per gram of gold. Assured return of 2.50% PA payable half yearly on2964/gm.

Retail Investor can invest Minimum 1 GM and Maximum 4 Kg. The 4Kg limit is per financial year. The Maximum limit of HUF is 4 Kg, Trusts and similar entities is 20 Kg.

Sovereign Gold Bonds 2017-18-Series-IX Performance Return Calculator

Performance Return Calculator for SGB 2017-18 Series 9.

SGB 2017-18 Series 9 Return Calculator
Activity Date
NSE Code SGBNOV25IX
Retail Price ₹2914
Number of Units 105512
Interest 2.50% PA - Paid half-yearly
LTP ₹6401.01
Interest Income ₹461.38
Total P/L ₹3948.39
P/L Percent 135.5%

Last Updated on 2024-03-21T19:33:38+00:00