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Sovereign Gold Bonds 2021-22-Series-VII

Sovereign Gold Bonds 2021-22-Series-VII opens on Monday and the issue price has been fixed at ₹4,761 per gram.

Sovereign Gold Bonds 2021-22-Series-VII, issued by the Reserve Bank of India (RBI) on behalf of the government of India, will be open for subscription from October 25, 2021 to October 29, 2021. The Bonds will be issued on the November 2, 2021. The issue price is ₹4,761 per gram of gold. Special discount of ₹4,711 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 ₹4,711 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-VII Details
Issue Opening Date October 25, 2021
Issue Closing Date October 29, 2021
Issue Price ₹ 4,761
Retail Discount ₹ 50
Retail Price ₹ 4,711
Allotment Date November 2, 2021
Interest 2.50% PA - Paid half-yearly
Redemption Month October, 2029
Interest Payment Date May 2, 2022 - November 2, 2022
Sovereign Gold Bonds 2021-22-Series-VII Preformance
NSE Symbol SGBNV29VII
ISIN IN0020210178
Retail Price ₹ 4,711
Interest 2.50% PA - Paid half-yearly
LTP ₹ 7,360
Interest Income* ₹ 319
Total Profit/Loss ₹ 2,968
Profit/Loss Percent 63 %

*Interest is calculated as on today