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SGB Status: Upcoming [6th Nov 2107 to 8th Nov 2017]

Sovereign Gold Bonds 2017-18-Series-VII@2884/gm

Posted on 2019-09-12T16:27:46+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2017-18-Series-VII Details

Latest and updated information about SGB 2017-18 Series 7.

SGB 2017-18 Series 7 Details
Activity Date
Issue Opening Date 6th Nov 2107
Issue Closing Date 8th Nov 2017
Issue Price ₹2934
Retail Discount ₹50
Retail Price ₹2884
Allotment Date 13th Nov 2017
Interest 2.50% PA - Paid half-yearly
Redemption Month Nov-2025

The Sovereign Gold Bonds 2017-18-Series-VII opens on Sunday and the issue price has been fixed at ₹2934 per gram.

The Sovereign Gold Bonds 2017-18-Series-VII (SGB 2017-18 Series 7), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 6th Nov 2107 to 8th Nov 2017. The Bonds will be issued on the 13th Nov 2017. The issue price is ₹2934 per gram of gold. Special discount of ₹50 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 ₹2884 per gram of gold. Assured return of 2.50% PA payable half yearly on2934/gm.

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 2017-18-Series-VII Performance Return Calculator

Performance Return Calculator for SGB 2017-18 Series 7.

SGB 2017-18 Series 7 Return Calculator
Activity Date
NSE Code SGBNOV25
Retail Price ₹2884
Number of Units 175121
Interest 2.50% PA - Paid half-yearly
LTP ₹6475.01
Interest Income ₹456.63
Total P/L ₹4047.64
P/L Percent 140.35%

Last Updated on 2024-03-27T19:33:12+00:00