SGB Status: Closed [3rd Aug 2020 to 7th Aug 2020]
Posted on 2020-01-25T16:29:56+00:00Rated 3/5 by Team TopShareBrokers
The fifth tranche of Sovereign Gold Bond (SGB) Scheme 2020-21 opens on Monday and the issue price has been fixed at ₹5,284 per gram.
The Sovereign Gold Bond Scheme 2020-21 Series-V (SGB Tranche 5), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from Aug 3, 2020 to Aug 7, 2020. The Bonds will be issued on the Aug 11, 2020. The issue price is ₹5,334 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 ₹5,284 per gram of gold Assured return of 2.50% PA payable half yearly on 5284/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.
Latest and updated information about SGB 2020-21-Series-5.
|Open Date||3rd Aug 2020|
|Close Date||7th Aug 2020|
|Allotment Date||11th Aug 2020|
|Intrest||2.50% PA - Paid half-yearly|
Performance Return Calculator for SGB 2020-21-Series-5.
|Number of Units||6349781|
|Interest||2.50% PA - Paid half-yearly|
Last Updated on 2020-10-16T18:32:13+00:00