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Sovereign Gold Bonds 2021-22-Series-III

Sovereign Gold Bonds 2021-22-Series-III opens on Monday and the issue price has been fixed at ₹4,889 per gram.

Sovereign Gold Bonds 2021-22-Series-III, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from May 31, 2021 to June 4, 2021. The Bonds will be issued on the June 8, 2021. The issue price is ₹4,889 per gram of gold. Special discount of ₹4,839 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 ₹4,839 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-III Details
Issue Opening Date May 31, 2021
Issue Closing Date June 4, 2021
Issue Price ₹ 4,889
Retail Discount ₹ 50
Retail Price ₹ 4,839
Allotment Date June 8, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month June, 2029
Interest Payment Date December 8, 2021 - June 8, 2022
Sovereign Gold Bonds 2021-22-Series-III Preformance
NSE Symbol SGBJU29III
ISIN IN0020210087
Retail Price ₹ 4,839
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,375
Interest Income* ₹ 377
Total Profit/Loss ₹ 2,913
Profit/Loss Percent 60 %

*Interest is calculated as on today