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SGB Status: Closed [9th Sep 2019 to 13th Sep 2019]
Posted on 2019-09-12T16:29:56+00:00
Rated 3/5 by Team InvestorGain
Latest and updated information about SGB 2019-20 Series 4.
| Activity | Date |
|---|---|
| Issue Opening Date | 9th Sep 2019 |
| Issue Closing Date | 13th Sep 2019 |
| Issue Price | ₹3890 |
| Retail Discount | ₹50 |
| Retail Price | ₹3840 |
| Allotment Date | 17th Sep 2019 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | Sep-2027 |
The Sovereign Gold Bonds 2019-20-Series-IV opens on Monday and the issue price has been fixed at ₹3890 per gram.
The Sovereign Gold Bonds 2019-20-Series-IV (SGB 2019-20 Series 4), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 9th Sep 2019 to 13th Sep 2019. The Bonds will be issued on the 17th Sep 2019. The issue price is ₹3890 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 ₹3840 per gram of gold. Assured return of 2.50% PA payable half yearly on3890/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.
Performance Return Calculator for SGB 2019-20 Series 4.
| Activity | Date |
|---|---|
| NSE Code | SGBSEP27 |
| Retail Price | ₹3840 |
| Number of Units | 627892 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹7235 |
| Interest Income | ₹432 |
| Total P/L | ₹3827 |
| P/L Percent | 99.66% |
Last Updated on 2024-04-16T19:33:04+00:00
