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SGB Status: Closed [11th May 2020 to 15th May 2020]
Posted on 2020-01-25T16:29:56+00:00
Rated 3/5 by Team InvestorGain
Latest and updated information about SGB 2020-21 Series 2.
| Activity | Date |
|---|---|
| Issue Opening Date | 11th May 2020 |
| Issue Closing Date | 15th May 2020 |
| Issue Price | ₹4590 |
| Retail Discount | ₹50 |
| Retail Price | ₹4540 |
| Allotment Date | 22nd May 2020 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | May-2028 |
The Sovereign Gold Bonds 2020-21-Series-II opens on Monday and the issue price has been fixed at ₹4590 per gram.
The Sovereign Gold Bonds 2020-21-Series-II (SGB 2020-21 Series 2), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 11th May 2020 to 15th May 2020. The Bonds will be issued on the 22nd May 2020. The issue price is ₹4590 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 ₹4540 per gram of gold. Assured return of 2.50% PA payable half yearly on4590/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.
Performance Return Calculator for SGB 2020-21 Series 2.
| Activity | Date |
|---|---|
| NSE Code | SGBMAY28 |
| Retail Price | ₹4540 |
| Number of Units | 2544294 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹7267 |
| Interest Income | ₹435.08 |
| Total P/L | ₹3162.08 |
| P/L Percent | 69.65% |
Last Updated on 2024-04-18T19:33:01+00:00
