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SGB Status: Closed [24th Apr 2017 to 28th Apr 2017]
Posted on 2019-09-12T16:27:00+00:00
Rated 3/5 by Team InvestorGain
Latest and updated information about SGB 2017-18 Series 1.
| Activity | Date |
|---|---|
| Issue Opening Date | 24th Apr 2017 |
| Issue Closing Date | 28th Apr 2017 |
| Issue Price | ₹2951 |
| Retail Discount | ₹50 |
| Retail Price | ₹2901 |
| Allotment Date | 12th May 2017 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | May-2025 |
The Sovereign Gold Bonds 2017-18-Series-I opens on Monday and the issue price has been fixed at ₹2951 per gram.
The Sovereign Gold Bonds 2017-18-Series-I (SGB 2017-18 Series 1), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 24th Apr 2017 to 28th Apr 2017. The Bonds will be issued on the 12th May 2017. The issue price is ₹2951 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 ₹2901 per gram of gold. Assured return of 2.50% PA payable half yearly on2951/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.
Performance Return Calculator for SGB 2017-18 Series 1.
| Activity | Date |
|---|---|
| NSE Code | SGBMAY25 |
| Retail Price | ₹2901 |
| Number of Units | 2027695 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹7276.01 |
| Interest Income | ₹501.63 |
| Total P/L | ₹4876.64 |
| P/L Percent | 168.1% |
Last Updated on 2024-04-19T19:33:04+00:00
