Sovereign Gold Bonds 2021-22-Series-V opens on Monday and the issue price has been fixed at ₹4,790 per gram.
Sovereign Gold Bonds 2021-22-Series-V, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from August 9, 2021 to August 13, 2021. The Bonds will be issued on the August 17, 2021. The issue price is ₹4,790 per gram of gold. Special discount of ₹4,740 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 ₹4,740 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
Issue Opening Date | August 9, 2021 |
Issue Closing Date | August 13, 2021 |
Issue Price | ₹ 4,790 |
Retail Discount | ₹ 50 |
Retail Price | ₹ 4,740 |
Allotment Date | August 17, 2021 |
Interest | 2.50% PA - Paid half-yearly |
Redemption Month | August, 2029 |
Interest Payment Date | February 17, 2022 - August 17, 2022 |
NSE Symbol | SGBAUG29V |
ISIN | IN0020210129 |
Retail Price | ₹ 4,740 |
Interest | 2.50% PA - Paid half-yearly |
LTP | ₹ 7,390 |
Interest Income* | ₹ 394 |
Total Profit/Loss | ₹ 3,044 |
Profit/Loss Percent | 64 % |
*Interest is calculated as on today