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SGB Status: Closed [3rd Jun 2019 to 7th Jun 2019]

Sovereign Gold Bonds 2019-20-Series-I@3146/gm

Posted on 2019-09-12T16:29:34+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2019-20-Series-I Details

Latest and updated information about SGB 2019-20 Series 1.

SGB 2019-20 Series 1 Details
Activity Date
Issue Opening Date 3rd Jun 2019
Issue Closing Date 7th Jun 2019
Issue Price ₹3196
Retail Discount ₹50
Retail Price ₹3146
Allotment Date 11th Jun 2019
Interest 2.50% PA - Paid half-yearly
Redemption Month Jun-2027

The Sovereign Gold Bonds 2019-20-Series-I opens on Monday and the issue price has been fixed at ₹3196 per gram.

The Sovereign Gold Bonds 2019-20-Series-I (SGB 2019-20 Series 1), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 3rd Jun 2019 to 7th Jun 2019. The Bonds will be issued on the 11th Jun 2019. The issue price is ₹3196 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 ₹3146 per gram of gold. Assured return of 2.50% PA payable half yearly on3196/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 2019-20-Series-I Performance Return Calculator

Performance Return Calculator for SGB 2019-20 Series 1.

SGB 2019-20 Series 1 Return Calculator
Activity Date
NSE Code SGBJUN27
Retail Price ₹3146
Number of Units 459789
Interest 2.50% PA - Paid half-yearly
LTP ₹6553.99
Interest Income ₹373.59
Total P/L ₹3781.58
P/L Percent 120.2%

Last Updated on 2024-03-28T19:33:15+00:00