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SGB Status: Closed [19th Jun 2023 to 23rd Jun 2023]
Posted on 2020-01-25T16:29:56+00:00
Rated 4/5 by Team InvestorGain
Latest and updated information about SGB 2023-24 Series 1.
| Activity | Date |
|---|---|
| Issue Opening Date | 19th Jun 2023 |
| Issue Closing Date | 23rd Jun 2023 |
| Issue Price | ₹5926 |
| Retail Discount | ₹50 |
| Retail Price | ₹5876 |
| Allotment Date | 27th Jun 2023 |
| Interest | 2.50% PA - Paid half-yearly |
| Redemption Month | June-2031 |
The Sovereign Gold Bonds 2023-24-Series-I opens on Monday and the issue price has been fixed at ₹5926 per gram (Rs 315 up from the 2022-23 series 4nd price of Rs 5611).
The Sovereign Gold Bonds 2023-24-Series-I (SGB 2023-24 Series 1), issued by the Reserve Bank of India (RBI) on behalf of the government, will be open for subscription from 19 June 2023 to 23 June 2023. The Bonds will be issued on the 27th June 2023. The issue price is ₹5926 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 ₹5876 per gram of gold. Assured return of 2.50% PA payable half-yearly on 5876/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 2023-24 Series 1.
| Activity | Date |
|---|---|
| NSE Code | SGBJUN31I |
| Retail Price | ₹5876 |
| Number of Units | 7769290 |
| Interest | 2.50% PA - Paid half-yearly |
| LTP | ₹7128.46 |
| Interest Income | ₹110.17 |
| Total P/L | ₹1362.63 |
| P/L Percent | 23.19% |
Last Updated on 2024-04-26T19:33:04+00:00
