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SGB Status: Closed [9th Nov 2020 to 13th Nov 2020]

Sovereign Gold Bonds 2020-21-Series-VIII@5127/gm

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

Rated 4/5 by Team InvestorGain

Sovereign Gold Bonds 2020-21-Series-8 Details

Latest and updated information about SGB 2020-21 Series 8.

SGB 2020-21 Series 8 Details
Activity Date
Issue Opening Date 9th Nov 2020
Issue Closing Date 13th Nov 2020
Issue Price ₹5177
Retail Discount ₹50
Retail Price ₹5127
Allotment Date 18th Nov 2020
Interest 2.50% PA - Paid half-yearly
Redemption Month Nov-2028

The Sovereign Gold Bonds 2020-21-Series-VIII opens on Monday and the issue price has been fixed at ₹5177 per gram.

The Sovereign Gold Bonds 2020-21-Series-VIII (SGB 2020-21 Series 8), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 9th Nov 2020 to 13th Nov 2020. The Bonds will be issued on the 18th Nov 2020. The issue price is ₹5177 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 ₹5127 per gram of gold. Assured return of 2.50% PA payable half yearly on 5177/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 2020-21-Series-8 Performance Return Calculator

Performance Return Calculator for SGB 2020-21 Series 8.

SGB 2020-21 Series 8 Return Calculator
Activity Date
NSE Code SGBN28VIII
Retail Price ₹5127
Number of Units 1573457
Interest 2.50% PA - Paid half-yearly
LTP ₹7158.02
Interest Income ₹437.93
Total P/L ₹2468.95
P/L Percent 48.16%

Last Updated on 2024-04-24T19:33:19+00:00