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SGB Status: Closed [2nd Mar 2020 to 6th Mar 2020]

Sovereign Gold Bonds 2019-20-Series-X@4210/gm

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

Rated 3/5 by Team InvestorGain

Sovereign Gold Bonds 2019-20-Series-X Details

Latest and updated information about SGB 2019-20 Series 10.

SGB 2019-20 Series 10 Details
Activity Date
Issue Opening Date 2nd Mar 2020
Issue Closing Date 6th Mar 2020
Issue Price ₹4260
Retail Discount ₹50
Retail Price ₹4210
Allotment Date 11th Mar 2020
Interest 2.50% PA - Paid half-yearly
Redemption Month Mar-2028

The Sovereign Gold Bonds 2019-20-Series-X opens on Monday and the issue price has been fixed at ₹4260 per gram.

The Sovereign Gold Bonds 2019-20-Series-X (SGB 2019-20 Series 10), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 2nd Mar 2020 to 6th Mar 2020. The Bonds will be issued on the 11th Mar 2020. The issue price is ₹4260 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 ₹4210 per gram of gold. Assured return of 2.50% PA payable half yearly on4260/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-X Performance Return Calculator

Performance Return Calculator for SGB 2019-20 Series 10.

SGB 2019-20 Series 10 Return Calculator
Activity Date
NSE Code SGBMAR28X
Retail Price ₹4210
Number of Units 757338
Interest 2.50% PA - Paid half-yearly
LTP ₹6452.97
Interest Income ₹421
Total P/L ₹2663.97
P/L Percent 63.28%

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