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Sovereign Gold Bonds 2018-19-Series-V

Sovereign Gold Bonds 2018-19-Series-V opens on Monday and the issue price has been fixed at ₹3,214 per gram.

Sovereign Gold Bonds 2018-19-Series-V, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from January 14, 2019 to January 18, 2019. The Bonds will be issued on the January 22, 2019. The issue price is ₹3,214 per gram of gold. Special discount of ₹3,164 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 ₹3,164 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-V Details
Issue Opening Date January 14, 2019
Issue Closing Date January 18, 2019
Issue Price ₹ 3,214
Retail Discount ₹ 50
Retail Price ₹ 3,164
Allotment Date January 22, 2019
Interest 2.50% PA - Paid half-yearly
Redemption Month January, 2027
Interest Payment Date July 22, 2019 - January 22, 2020
Sovereign Gold Bonds 2018-19-Series-V Preformance
NSE Symbol SGBJAN27
ISIN IN0020180462
Retail Price ₹ 3,164
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,299
Interest Income* ₹ 435
Total Profit/Loss ₹ 4,570
Profit/Loss Percent 144 %

*Interest is calculated as on today