MoneyLens / Bonds & debt
Your bond, explained.
Sovereign Gold Bond 2019-20 Series V · Sovereign Gold Bond 2019-20 Series V
Illustrative
Bonds · 1 held · Bonds held
Statement —
Value
₹4,48,000
at the prices known
Interest
₹3,890
in the next 12 months
Next payment
17 Mar 2027
₹1,945 · Sovereign Gold Bond 2019-20 Series V
Bonds
1
Sovereign Gold Bond
1 bond worth about ₹4,48,000, paying ₹3,890 of interest in the next 12 months. ₹4,48,000 comes back in 2027. Interest is taxed at your slab as it's paid.
Myra's most important observations
Six questions, answered
Tap an answer for the detail01What's in this check
- Bonds1
- KindsSovereign Gold Bond
- DocumentsSGB holding certificate
02In short
1 bond worth about ₹4,48,000, paying ₹3,890 of interest in the next 12 months. ₹4,48,000 comes back in 2027. Interest is taxed at your slab as it's paid.
03Key numbers
Bonds heldValue
₹4,48,000
at today's gold price
Gold
40 g
at ₹11,200 a gram
Interest
₹3,890
next 12 months
Bonds
1
1 issuer
Next maturity
2027
₹4,48,000
04Important findings
Most important first · tap to expandThe central government pays interest and principal, so default isn't the risk to watch. The value moves with the price of gold.
Holdings p.1
Coming up
17 Mar 2027
₹1,945 from Sovereign Gold Bond 2019-20 Series V
08What Myra could not verify
0Nothing essential is missing.
09Suggested questions
05What you're committing to
- 40 g of gold, repaid at the gold price at maturity
- Interest on fixed dates, taxed as it's paid
- The issuer's promise; no deposit insurance
06What can change
- PriceWith interest rates and the issuer's credit
- RatingAgencies review it at least once a year
- TaxRules by the date interest is paid or a bond sold
07Getting money out
- At maturityThe face value (or redemption amount) back
- Selling earlyOn the exchange, if listed and there's a buyer
- Locked54EC: 5 years; RBI savings bonds: seniors only