Sovereign Gold Bonds 2021-22-Series-II

Sovereign Gold Bonds 2021-22-Series-II opens on Monday and the issue price has been fixed at ₹4,842 per gram.

Sovereign Gold Bonds 2021-22-Series-II, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from May 24, 2021 to May 28, 2021. The Bonds will be issued on the June 1, 2021. The issue price is ₹4,842 per gram of gold. Special discount of ₹4,792 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 ₹4,792 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-II Details
Issue Opening Date May 24, 2021
Issue Closing Date May 28, 2021
Issue Price ₹ 4,842
Retail Discount ₹ 50
Retail Price ₹ 4,792
Allotment Date June 1, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month June, 2029
Interest Payment Date November 1, 2021 - June 1, 2022
Sovereign Gold Bonds 2021-22-Series-II Preformance
ISIN IN0020210061
Retail Price ₹ 4,792
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,359
Interest Income* ₹ 375
Total Profit/Loss ₹ 2,942
Profit/Loss Percent 61 %

*Interest is calculated as on today