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Sovereign Gold Bonds 2018-19-Series-IV

Sovereign Gold Bonds 2018-19-Series-IV opens on Monday and the issue price has been fixed at ₹3,119 per gram.

Sovereign Gold Bonds 2018-19-Series-IV, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from December 24, 2018 to December 28, 2018. The Bonds will be issued on the January 1, 2019. The issue price is ₹3,119 per gram of gold. Special discount of ₹3,069 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 ₹3,069 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

Sovereign Gold Bonds 2018-19-Series-IV Details
Issue Opening Date December 24, 2018
Issue Closing Date December 28, 2018
Issue Price ₹ 3,119
Retail Discount ₹ 50
Retail Price ₹ 3,069
Allotment Date January 1, 2019
Interest 2.50% PA - Paid half-yearly
Redemption Month January, 2027
Interest Payment Date July 1, 2019 - January 1, 2020
Sovereign Gold Bonds 2018-19-Series-IV Preformance
NSE Symbol SGBDEC26
ISIN IN0020180389
Retail Price ₹ 3,069
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,253
Interest Income* ₹ 426
Total Profit/Loss ₹ 4,610
Profit/Loss Percent 150 %

*Interest is calculated as on today