SGB Status: Closed [12th Oct 2020 to 16th Oct 2020]
Posted on 2020-01-25T16:29:56+00:00Rated 4/5 by Team TopShareBrokers
The Sovereign Gold Bonds 2020-21-Series-VII opens on Monday and the issue price has been fixed at ₹5051 per gram.
The Sovereign Gold Bonds 2020-21-Series-VII (SGB 2020-21 Series 7), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 12th Oct 2020 to 16th Oct 2020. The Bonds will be issued on the 20th Oct 2020. The issue price is ₹5051 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 ₹5001 per gram of gold. Assured return of 2.50% PA payable half yearly on ₹5051/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 7.
|Open Date||12th Oct 2020|
|Close Date||16th Oct 2020|
|Allotment Date||20th Oct 2020|
|Intrest||2.50% PA - Paid half-yearly|
Performance Return Calculator for SGB 2020-21 Series 7.
|Number of Units||1859518|
|Interest||2.50% PA - Paid half-yearly|
Last Updated on 2021-01-14T17:32:29+00:00