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Sovereign Gold Bonds 2020-21-Series-VI

Sovereign Gold Bonds 2020-21-Series-VI opens on Monday and the issue price has been fixed at ₹5,117 per gram.

Sovereign Gold Bonds 2020-21-Series-VI, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from August 31, 2020 to September 4, 2020. The Bonds will be issued on the September 8, 2020. The issue price is ₹5,117 per gram of gold. Special discount of ₹5,067 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 ₹5,067 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-VI Details
Issue Opening Date August 31, 2020
Issue Closing Date September 4, 2020
Issue Price ₹ 5,117
Retail Discount ₹ 50
Retail Price ₹ 5,067
Allotment Date September 8, 2020
Interest 2.50% PA - Paid half-yearly
Redemption Month September, 2028
Interest Payment Date March 8, 2021 - September 8, 2021
Sovereign Gold Bonds 2020-21-Series-VI Preformance
NSE Symbol SGBSEP28VI
ISIN IN0020200195
Retail Price ₹ 5,067
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,368
Interest Income* ₹ 489
Total Profit/Loss ₹ 2,790
Profit/Loss Percent 55 %

*Interest is calculated as on today