Sovereign Gold Bonds 2018-19-Series-VI

Sovereign Gold Bonds 2018-19-Series-VI opens on Monday and the issue price has been fixed at ₹3,326 per gram.

Sovereign Gold Bonds 2018-19-Series-VI, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from February 4, 2019 to February 8, 2019. The Bonds will be issued on the February 12, 2019. The issue price is ₹3,326 per gram of gold. Special discount of ₹3,276 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 ₹3,276 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-VI Details
Issue Opening Date February 4, 2019
Issue Closing Date February 8, 2019
Issue Price ₹ 3,326
Retail Discount ₹ 50
Retail Price ₹ 3,276
Allotment Date February 12, 2019
Interest 2.50% PA - Paid half-yearly
Redemption Month February, 2027
Interest Payment Date August 12, 2019 - February 12, 2020
Sovereign Gold Bonds 2018-19-Series-VI Preformance
ISIN IN0020180561
Retail Price ₹ 3,276
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,300
Interest Income* ₹ 445
Total Profit/Loss ₹ 4,469
Profit/Loss Percent 136 %

*Interest is calculated as on today