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
| 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 |
| NSE Symbol | SGBJAN27 |
| ISIN | IN0020180462 |
| Retail Price | ₹ 3,164 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹ 7,299 |
| Interest Income* | ₹ 448 |
| Total Profit/Loss | ₹ 4,583 |
| Profit/Loss Percent | 145 % |
*Interest is calculated as on today