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SGB Status: Closed [3rd Feb 2020 to 7th Feb 2020]

Sovereign Gold Bonds 2019-20-Series-IX@4020/gm

Posted on 2020-01-25T16:29:56+00:00

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2019-20-Series-IX Details

Latest and updated information about SGB 2019-20 Series 9.

SGB 2019-20 Series 9 Details
Activity Date
Issue Opening Date 3rd Feb 2020
Issue Closing Date 7th Feb 2020
Issue Price ₹4070
Retail Discount ₹50
Retail Price ₹4020
Allotment Date 11th Feb 2020
Interest 2.50% PA - Paid half-yearly
Redemption Month Feb-2028

The Sovereign Gold Bonds 2019-20-Series-IX opens on Monday and the issue price has been fixed at ₹4070 per gram.

The Sovereign Gold Bonds 2019-20-Series-IX (SGB 2019-20 Series 9), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 3rd Feb 2020 to 7th Feb 2020. The Bonds will be issued on the 11th Feb 2020. The issue price is ₹4070 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 ₹4020 per gram of gold. Assured return of 2.50% PA payable half yearly on4070/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-IX Performance Return Calculator

Performance Return Calculator for SGB 2019-20 Series 9.

SGB 2019-20 Series 9 Return Calculator
Activity Date
NSE Code SGBFEB28IX
Retail Price ₹4020
Number of Units 405957
Interest 2.50% PA - Paid half-yearly
LTP ₹7125
Interest Income ₹418.75
Total P/L ₹3523.75
P/L Percent 87.66%

Last Updated on 2024-04-23T19:33:04+00:00