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Sovereign Gold Bonds 2020-21-Series-XII

Sovereign Gold Bonds 2020-21-Series-XII opens on Monday and the issue price has been fixed at ₹4,662 per gram.

Sovereign Gold Bonds 2020-21-Series-XII, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from March 1, 2021 to March 5, 2021. The Bonds will be issued on the March 9, 2021. The issue price is ₹4,662 per gram of gold. Special discount of ₹4,612 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 ₹4,612 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-XII Details
Issue Opening Date March 1, 2021
Issue Closing Date March 5, 2021
Issue Price ₹ 4,662
Retail Discount ₹ 50
Retail Price ₹ 4,612
Allotment Date March 9, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month March, 2029
Interest Payment Date September 9, 2021 - March 9, 2022
Sovereign Gold Bonds 2020-21-Series-XII Preformance
NSE Symbol SGBMR29XII
ISIN IN0020200427
Retail Price ₹ 4,612
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,305
Interest Income* ₹ 388
Total Profit/Loss ₹ 3,081
Profit/Loss Percent 67 %

*Interest is calculated as on today