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Sovereign Gold Bonds 2021-22-Series-I

Sovereign Gold Bonds 2021-22-Series-I opens on Monday and the issue price has been fixed at ₹4,777 per gram.

Sovereign Gold Bonds 2021-22-Series-I, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from May 17, 2021 to May 21, 2021. The Bonds will be issued on the May 25, 2021. The issue price is ₹4,777 per gram of gold. Special discount of ₹4,727 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 ₹4,727 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 2021-22-Series-I Details
Issue Opening Date May 17, 2021
Issue Closing Date May 21, 2021
Issue Price ₹ 4,777
Retail Discount ₹ 50
Retail Price ₹ 4,727
Allotment Date May 25, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month May, 2029
Interest Payment Date November 25, 2021 - May 25, 2022
Sovereign Gold Bonds 2021-22-Series-I Preformance
NSE Symbol SGBMAY29I
ISIN IN0020210053
Retail Price ₹ 4,727
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,430
Interest Income* ₹ 373
Total Profit/Loss ₹ 3,076
Profit/Loss Percent 65 %

*Interest is calculated as on today