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Sovereign Gold Bonds 2020-21-Series-IV

Sovereign Gold Bonds 2020-21-Series-IV opens on Monday and the issue price has been fixed at ₹4,852 per gram.

Sovereign Gold Bonds 2020-21-Series-IV, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from July 6, 2020 to July 10, 2020. The Bonds will be issued on the July 14, 2020. The issue price is ₹4,852 per gram of gold. Special discount of ₹4,802 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 ₹4,802 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 2020-21-Series-IV Details
Issue Opening Date July 6, 2020
Issue Closing Date July 10, 2020
Issue Price ₹ 4,852
Retail Discount ₹ 50
Retail Price ₹ 4,802
Allotment Date July 14, 2020
Interest 2.50% PA - Paid half-yearly
Redemption Month July, 2028
Interest Payment Date January 14, 2021 - July 14, 2021
Sovereign Gold Bonds 2020-21-Series-IV Preformance
NSE Symbol SGBJUL28IV
ISIN IN0020200146
Retail Price ₹ 4,802
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,327
Interest Income* ₹ 482
Total Profit/Loss ₹ 3,007
Profit/Loss Percent 63 %

*Interest is calculated as on today