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SGB Status: Closed [10th Jul 2017 to 14th Jul 2017]

Sovereign Gold Bonds 2017-18-Series-II@2780/gm

Posted on 2019-09-12T16:27:08+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2017-18-Series-II Details

Latest and updated information about SGB 2017-18 Series 2.

SGB 2017-18 Series 2 Details
Activity Date
Issue Opening Date 10th Jul 2017
Issue Closing Date 14th Jul 2017
Issue Price ₹2830
Retail Discount ₹50
Retail Price ₹2780
Allotment Date 28th Jul 2017
Interest 2.50% PA - Paid half-yearly
Redemption Month Jul-2025

The Sovereign Gold Bonds 2017-18-Series-II opens on Monday and the issue price has been fixed at ₹2830 per gram.

The Sovereign Gold Bonds 2017-18-Series-II (SGB 2017-18 Series 2), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 10th Jul 2017 to 14th Jul 2017. The Bonds will be issued on the 28th Jul 2017. The issue price is ₹2830 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 ₹2780 per gram of gold. Assured return of 2.50% PA payable half yearly on2830/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-II Performance Return Calculator

Performance Return Calculator for SGB 2017-18 Series 2.

SGB 2017-18 Series 2 Return Calculator
Activity Date
NSE Code SGBJUL25
Retail Price ₹2780
Number of Units 2349953
Interest 2.50% PA - Paid half-yearly
LTP ₹6599
Interest Income ₹463.33
Total P/L ₹4282.33
P/L Percent 154.04%

Last Updated on 2024-03-28T19:33:15+00:00