Sovereign Gold Bonds 2021-22-Series-IV opens on Monday and the issue price has been fixed at ₹4,807 per gram.
Sovereign Gold Bonds 2021-22-Series-IV, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from July 12, 2021 to July 16, 2021. The Bonds will be issued on the July 20, 2021. The issue price is ₹4,807 per gram of gold. Special discount of ₹4,757 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 ₹4,757 per gram of gold. Assured return of 2.50% PA payable half-yearly.
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
| Issue Opening Date | July 12, 2021 |
| Issue Closing Date | July 16, 2021 |
| Issue Price | ₹ 4,807 |
| Retail Discount | ₹ 50 |
| Retail Price | ₹ 4,757 |
| Allotment Date | July 20, 2021 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | July, 2029 |
| Interest Payment Date | January 20, 2022 - July 20, 2022 |
| NSE Symbol | SGBJUL29IV |
| ISIN | IN0020210111 |
| Retail Price | ₹ 4,757 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹ 7,349 |
| Interest Income* | ₹ 401 |
| Total Profit/Loss | ₹ 2,993 |
| Profit/Loss Percent | 63 % |
*Interest is calculated as on today