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SGB Status: Closed [11th Dec 2017 to 13th Dec 2017]

Sovereign Gold Bonds 2017-18-Series-XII@2840/gm

Posted on 2019-09-12T16:28:25+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2017-18-Series-XII Details

Latest and updated information about SGB 2017-18 Series 12.

SGB 2017-18 Series 12 Details
Activity Date
Issue Opening Date 11th Dec 2017
Issue Closing Date 13th Dec 2017
Issue Price ₹2890
Retail Discount ₹50
Retail Price ₹2840
Allotment Date 18th Dec 2017
Interest 2.50% PA - Paid half-yearly
Redemption Month Dec-2025

The Sovereign Gold Bonds 2017-18-Series-XII opens on Monday and the issue price has been fixed at ₹2890 per gram.

The Sovereign Gold Bonds 2017-18-Series-XII (SGB 2017-18 Series 12), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 11th Dec 2017 to 13th Dec 2017. The Bonds will be issued on the 18th Dec 2017. The issue price is ₹2890 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 ₹2840 per gram of gold. Assured return of 2.50% PA payable half yearly on2890/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-XII Performance Return Calculator

Performance Return Calculator for SGB 2017-18 Series 12.

SGB 2017-18 Series 12 Return Calculator
Activity Date
NSE Code SGBDEC2512
Retail Price ₹2840
Number of Units 111218
Interest 2.50% PA - Paid half-yearly
LTP ₹6440
Interest Income ₹443.75
Total P/L ₹4043.75
P/L Percent 142.39%

Last Updated on 2024-03-18T19:33:30+00:00