Sovereign Gold Bond Scheme 2021-2022 Calendar

Sovereign Gold Bond Scheme 2021-2022 CalendarSovereign Gold Bond Scheme 2021-2022 Calendar

Central Government in consultation with RBI has issued the calendar for Sovereign Gold Bond Scheme 2021-22. Generally they were supposed to issue this calendar in April itself, however, it is delayed this time. Investors can invest in these gold bonds for portfolio diversification and in case of requirement of gold in the future, In this article we would provide Sovereign Gold Bond Scheme 2021-2022 calendar and various tranches these bonds would be issued.

Sovereign Gold Bonds Scheme 2021-2022 Calendar

The last gold bond scheme issued was in Mar, 2021. RBI has issued the details about 6 Tranches / Series in which these Sovereign Gold Bonds would be issued for financial year 2021-2022 (FY2022).

Here is the Sovereign Gold Bond Scheme 2021-22 Calendar.

Series Date of Subscription Date of Issuance
2021 – 22- Series I May 17 – 21, 2021 May 25, 2021
2021 – 22 Series II May 24 – 28, 2021 June 01, 2021
2021 – 22 Series III May 31 – June 04, 2021 June 08, 2021
2021 – 22 Series IV July 12 – 16, 2021  July 20, 2021
2021 – 22 Series V Aug. 09 -13, 2021 Aug. 17, 2021
2021 – 22 Series VI  Aug. 30 – Sept.03, 2021  Sept. 07, 2021

Tranche-I (Series-1) would open for subscription on Monday, May 17, 2021 and closes by Friday, May 21, 2021. The issue price is yet to be decided and would be announced shortly.

In June, 2021, there would be two series of Sovereign Gold Bonds that would be issued.

Remaining tranches would be opened every month till Sep, 2021.

These bonds are issued by Central Government through RBI. Hence, these are considered as safest investment options in India.

These Sovereign Gold Bonds would give 2.5% interest rate per annum. This interest is payable half yearly.

Investors who are investing in these gold bonds through online would get Rs 50 per gram as discount.

These gold bonds would have a tenure of 8 years. However, one can do premature withdrawal after 5 years from the subscription date. There are specific terms and conditions for premature withdrawals.

One can invest a minimum of 1 Gram gold value and in multiples of 1gram gold there-off.

Investors can buy these gold bonds from scheduled commercial banks, Stock Holding Corporation of India, post office and stock exchanges

Investors who want to diversify their portfolio between equity, debt and gold can invest in these sovereign gold bonds.

Investors who want to accumulate gold and want to utilize them in future, either to gift ornaments to their spouse or daughter, they can invest in these sovereign gold bonds.

In the recent past, Gold prices have corrected and again bounced back. However, Gold prices might go up in the medium to long term. If you are looking to invest in gold for short term investment, you may avoid, else you can invest in these gold bonds.

One can also purchase sovereign gold bonds from the secondary market (stock exchanges). They need to be a little careful in assessing them as subscription price might be different from the market price. Sometimes, you may pay higher prices for lower subscription priced gold bonds, while lower price bonds might be still available. You can refer our article Best Sovereign Gold Bonds from Secondary market, which can provide some insights to you.

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Suresh KP

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