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Sovereign Gold Bonds 2020-21-Series-XI

Sovereign Gold Bonds 2020-21-Series-XI opens on Monday and the issue price has been fixed at ₹4,912 per gram.

Sovereign Gold Bonds 2020-21-Series-XI, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from February 1, 2021 to February 5, 2021. The Bonds will be issued on the February 9, 2021. The issue price is ₹4,912 per gram of gold. Special discount of ₹4,862 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 ₹4,862 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-XI Details
Issue Opening Date February 1, 2021
Issue Closing Date February 5, 2021
Issue Price ₹ 4,912
Retail Discount ₹ 50
Retail Price ₹ 4,862
Allotment Date February 9, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month February, 2029
Interest Payment Date August 9, 2021 - February 9, 2022
Sovereign Gold Bonds 2020-21-Series-XI Preformance
NSE Symbol SGBFEB29XI
ISIN IN0020200393
Retail Price ₹ 4,862
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,315
Interest Income* ₹ 418
Total Profit/Loss ₹ 2,871
Profit/Loss Percent 59 %

*Interest is calculated as on today