FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

SGB Status: Closed [8th Jul 2019 to 12th Jul 2019]

Sovereign Gold Bonds 2019-20-Series-II@3393/gm

Posted on 2019-09-12T16:29:40+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2019-20-Series-II Details

Latest and updated information about SGB 2019-20 Series 2.

SGB 2019-20 Series 2 Details
Activity Date
Issue Opening Date 8th Jul 2019
Issue Closing Date 12th Jul 2019
Issue Price ₹3443
Retail Discount ₹50
Retail Price ₹3393
Allotment Date 16th Jul 2019
Interest 2.50% PA - Paid half-yearly
Redemption Month Jul-2027

The Sovereign Gold Bonds 2019-20-Series-II opens on Monday and the issue price has been fixed at ₹3443 per gram.

The Sovereign Gold Bonds 2019-20-Series-II (SGB 2019-20 Series 2), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 8th Jul 2019 to 12th Jul 2019. The Bonds will be issued on the 16th Jul 2019. The issue price is ₹3443 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 ₹3393 per gram of gold. Assured return of 2.50% PA payable half yearly on3443/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 2019-20-Series-II Performance Return Calculator

Performance Return Calculator for SGB 2019-20 Series 2.

SGB 2019-20 Series 2 Return Calculator
Activity Date
NSE Code SGBJUL27
Retail Price ₹3393
Number of Units 535947
Interest 2.50% PA - Paid half-yearly
LTP ₹6354
Interest Income ₹395.85
Total P/L ₹3356.85
P/L Percent 98.93%

Last Updated on 2024-03-22T19:33:47+00:00