sovereign gold bond
SGB premature exit date on November 2, 2026: Rs 1 lakh invested in this Sovereign Gold Bond grows to Rs 3 lakh in 5 years
The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds. These bonds can be redeemed prematurely starting from November 2, 2026. The redemption price is calculated based on the average closing price of gold over the last three working days.
Gold bond turns Rs 1 lakh investment into Rs 3.76 lakh: Check SGB premature redemption date, price and other details
The Reserve Bank of India has announced that the SGB 2019-20 Series VI will be eligible for premature redemption on October 30, 2026. The redemption price is set at Rs 14,213 per unit, reflecting the average closing price of gold. Originally offered at Rs 3,785 per gram online, investors can expect a remarkable return of 275.51% on their investment, excluding interest.
209% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 3.09 lakh
The Reserve Bank of India has announced the premature redemption price for the Sovereign Gold Bond 2020-21 Series I, permitting investors to redeem on October 28, 2026. The chosen redemption price stands at Rs 14,159 per unit, showcasing a notable return on investment.
Gold taxation explained: How much tax you pay on selling gold jewellery, ETFs, fund of funds and SGBs
Tax on capital gains from gold investment: Investing in gold can yield gains, but investors must be informed about the associated tax liabilities. Different types of gold investments, including physical gold, ETFs, and FoFs, have varying tax implications. Gold held for less than 24 months generates short-term capital gains, while long-term gains apply to gold held longer. Sovereign Gold Bonds (SGBs) have specific tax exemptions if held until maturity, which investors should note.
366% return on SGB final redemption: Gold bond turns Rs 1 lakh investment into Rs 4.66 lakh; check details
The Reserve Bank of India has finalized the redemption price for future Sovereign Gold Bonds, allowing investors to redeem them early after a five-year period. This price is based on recent average gold closing prices.
Upstox secures bond platform licence, to launch direct offerings soon
Upstox has been offering bonds through IndiaBonds, following a partnership announced in September 2025. The new licence will allow the company to offer the instruments directly instead of relying on a third-party bond platform.
Gold and silver rate today (October 31, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq
Gold rates today: Gold jewellery prices fell below Rs 13,000 per gram at several prominent jewellery brands on October 31, 2026. As buyers prepare for Dhanteras and Diwali, many are comparing current gold rates.
5 ways to invest in gold this Dhanteras and Diwali: From jewellery and gold ETFs to digital gold
Gold purchasing sees a significant rise during Dhanteras and Diwali, celebrated for their cultural relevance. Investors can explore various avenues like physical gold, ETFs, and digital gold options.
192% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 2.92 lakh
Sovereign Gold Bond: The Reserve Bank of India has announced the redemption price for Sovereign Gold Bonds 2020-21 Series VII, allowing investors to redeem on October 19, 2026. Priced at Rs 14,614 per unit, this reflects an impressive total return of approximately 192% since its launch.
Should you buy gold now? Experts see prices rising, but watch these risks
Gold prices have experienced a notable drop, creating favorable opportunities for those looking to buy during the festive and wedding seasons. Experts suggest that gold demand may rise in the near future. Nevertheless, market volatility driven by US Federal Reserve rate changes should prompt caution among investors. It is essential for buyers to evaluate their financial objectives and consult with financial advisors regarding suitable gold investment strategies.
Gold buying on Dhanteras: Gold prices have fallen by 20% from their peak; is it right time to invest in yellow metal?
Gold price: Gold prices have recently experienced significant volatility, opening doors for savvy investors. Experts advocate for a methodical approach—spreading out investments across multiple months. Current financial dynamics, including rising US interest rates and forthcoming Federal Reserve discussions, are poised to affect gold valuations. Gold exchange-traded funds stand out as a practical investment choice due to their affordability and liquidity. Careful planning and strategy are essential for effective market navigation.
294% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.94 lakh
Sovereign Gold Bond: The Reserve Bank of India has announced that the premature redemption price for Sovereign Gold Bonds will be set for October 2026. These bonds can be redeemed five years after their issuance at a fixed price. This redemption value is determined by the average closing gold price from the preceding three days.
These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analysts
It is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be said with any certainty that it had anything to do with FII buying. Against this background, remember: For any investor interested in the banking sector, the price movements should matter less than what the overall Q2 performance of both private and PSU banks reveals.
Tata, HDFC, ICICI Prudential mutual funds halt fresh gold FoF investments: What it means for existing and new investors
Leading mutual fund houses such as Tata Mutual Fund and HDFC Mutual Fund have suspended fresh investments in their gold fund-of-funds. The halt comes as a response to macroeconomic factors affecting gold imports and the value of the rupee. Existing investments in these funds remain unaffected, allowing ongoing systematic plans to continue. New investors now have alternative options for gold exposure, including direct investments in Gold ETFs.
5 stocks with consistent score improvement and upside potential of up to 29% in 1 year, according to analysts
Do not paint the whole market with one brush. Even in an extended fall like the current one, some parts of the economy still manage to hold up. And the surprise tends to come from the corner nobody was watching.
5 stocks with consistent score improvement and upside potential of up to 28% in 1 year, according to analyst
Multiple headwinds continue to hit the market, and there is no sign that things will change anytime soon. In these circumstances, the chances are high that the bears will continue to dominate the street.
SGB premature redemption dates in October 2026: Check tranche-wise dates and request deadlines
Sovereign Gold Bond (SGB): In a recent announcement, the Reserve Bank of India disclosed the premature redemption dates for Sovereign Gold Bonds, spanning from October 2026 to March 2027. Investors should be aware of the allocated timeframes for submitting their redemption applications.
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analysts
Thanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to creep up, its impact will be felt by many businesses, and banking would be no different.
These 8 banking stocks have an upside potential of up to 29% in 1 year, according to analysts
For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions among small finance banks. But the question now is: Will the situation remain the same given that there are many emerging challenges?
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
Given the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term headwinds, but the question an investor should ask is: Are these headwinds likely to hit the core business of banks and create some issue that may take a long time to settle?
295% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.95 lakh
Sovereign Gold Bond: The Reserve Bank of India has revealed the early redemption price for a gold bond series known as SGB 2019-20 Series IV. Starting from September 17, 2026, investors are eligible to redeem this bond after five years. The redemption price will be determined based on the average gold price from the previous three business days.
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analysts
If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure because their business will be impacted. But even before the real business is impacted, it is likely that they will see selling pressure because of their FPI-heavy ownership structure. So, clouds of uncertainty hang over the sector’s stocks. But don't confuse the stocks with the business.
264% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into Rs 3.64 lakh
The Reserve Bank of India has revealed the early redemption price for a particular series of gold bonds. Starting September 11, 2026, investors can redeem SGB 2019-20 Series X at Rs 15,328 per unit, determined by current gold pricing.
Can NRIs invest in sovereign gold bonds? What the latest SGB investment rules say
Sovereign gold bonds: Non-Resident Indians cannot invest in Sovereign Gold Bonds currently. However, existing bondholders can continue holding them until maturity. NRIs can invest in physical gold and digital gold options. These include gold mutual funds and gold ETFs. A demat account is required for digital gold investments.
233% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into nearly Rs 3.33 lakh
The Reserve Bank of India has announced the premature redemption price for the gold bond series. Starting from September 9, 2026, investors can redeem their SGB 2020-21 Series XII at a fixed price of Rs 15,355 per unit. This ensures a notable profit for bondholders, as Sovereign Gold Bonds serve as an alternative to physically holding gold.
228% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into nearly Rs 3.28 lakh
The Reserve Bank of India has announced the premature redemption terms for the SGB 2021-22 Series VI gold bond. Investors can redeem this series starting September 7, 2026, with the redemption value calculated from the average gold prices over the last three business days.
204% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into nearly Rs 3.04 lakh
The Reserve Bank of India has unveiled the premature redemption terms for a specific series of gold bonds, allowing investors to cash in starting September 8, 2026. The redemption price is derived from the average gold prices of recent days. This particular bond series promises impressive returns, nearly 204%, meaning a one lakh investment could escalate to around three lakh rupees.
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volatility in the global markets is high. Given that the Indian economy and oil prices have a strong correlation, it might be better to think twice before acting in the stock market. And remember this: Don't take any statement by anyone, whether the US president or the CEO of an AI company, as gospel truth. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Sovereign gold bonds deliver big in 5 years; is it worth to invest this festive season?
Sovereign gold bond investors earn 2.5 per cent per annum interest on their investment.
Sovereign Gold Bond 2016-17 Series IV can be withdrawn at 75% higher than issue price on this date
The tenure of Sovereign Gold Bond Scheme is eight years; however, premature withdrawal can be done after the fifth year from the date of issue of coupon payment dates
Sovereign gold bond issue open till Jan 1; should you subscribe?
The sovereign gold bond scheme is best suited for those wishing to invest in the yellow metal for the long term, according to market experts.
Sovereign Gold Bond scheme opens for subscription today. Check price, issue date, other details
Sovereign Gold Bond: The price of SGB is based on the simple average of the closing gold price of 999 purity of the previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). In this case, the three business days are between February 7 and February 9, 2024.
Sovereign gold bonds premature withdrawal in May can earn 16.5% returns; key points to keep in mind while exiting SGB early
Sovereign gold bonds premature withdrawal: Investors holding SGBs issued earlier can redeem them prematurely in May with potentially attractive returns due to rising gold prices. How much tax will you have to pay if you withdraw prematurely? Should you withdraw your sovereign gold bonds early? ET Wealth Online explains the nitty-gritty of premature withdrawal of sovereign gold bonds and the key aspects an investor must consider before going for it.
Sovereign gold bond price lowest in 10 months; should you subscribe?
The sovereign gold bond scheme, that opened for subscription from today, will close on March 5. The issue price of the bond is the lowest in the last 10 months.
Sovereign gold bond issue open from today: Should you subscribe?
Investment in sovereign gold bonds has picked up pace in recent months. However, lack of clarity on how gold will move in the coming months may keep investors cautious. If prices drop, it will be better to subscribe at a later tranche.
Sovereign Gold Bond premature withdrawal Oct 2022-March 2023: Know dates, early redemption rules
RBI has notified the details of the Sovereign Gold Bond tranches, which are due for premature redemption during the period October 1, 2022, to March 31, 2023. Check Sovereign Gold Bond early withdrawal dates, rules, income tax implications
Sovereign Gold Bond 2022-23: Who can invest, what is the interest rate earned, how is it taxed
The first tranche of Sovereign Gold Bonds for the current fiscal year will be available for public subscription on Monday (June 20) and will conclude on Friday (June 24). According to the RBI, the following is key information about the latest SGB tranche.
Sovereign gold bond issue opens today: Should you subscribe?
Investment in sovereign gold bonds has picked up pace in recent months. However, lack of clarity on how gold will move in the coming month may keep investors cautious.
Sovereign gold bond: Subscription for next tranche of SGB 2021-22 to open soon
The subscription period for 2021-22 Series-VII will be October 25-October 29, and bonds will be issued on November 2, the finance ministry said in a statement.
Sovereign Gold Bonds Scheme opens for subscription on August 22: What is the issue price of SGB?
The Sovereign Gold Bonds (SGB) will have an eight-year tenor, with an option to redeem early after the fifth year on the date interest is due.
Sovereign Gold Bond scheme kicks off: Should you subscribe?
The Sovereign Gold Bond Scheme 2021-22 - Series VII will remain open for subscription for next five days as it can be subscribed till Friday, October 29.
Premature redemption of SGB: Check premature redemption price for Series I of Sovereign Gold Bonds 2018-19
The Reserve Bank of India permits early redemption of Gold Bonds after the fifth year from the date of issue on the day interest is payable.
Double-digit returns likely on Sovereign Gold Bonds maturing this year; how much will early SGB investors get?
If you look at the historical data, investors of the Sovereign Gold Bond are in for handsome returns, very close to what is being earned from the stock market. There are five tranches of the gold bond that are going to mature in 2024. In terms of XIRR, the second tranche of the Sovereign Gold Bond will offer 13.44% returns at the current gold price. ET Wealth Online calculates how much returns you can expect from the Sovereign Gold Bond and whether you should invest or not.
Sovereign Gold Bonds 2023-24 Series-IV tranche: Benefits, features of SGB
Sovereign Gold Bonds (SGBs) are available for sale to resident Indian entities including individuals, HUFs, Trusts, Universities, and Charitable institutions. Denominated in units of one gram of gold. Interest rate notified by RBI. Redemption based on average closing price of gold.
SGB 2023 subscription open: Key things to know about new Sovereign Gold Bond scheme
The Reserve Bank of India has opened the Sovereign Gold Bond Scheme 2023-24 series I for subscription, with a closing date of June 24. The issue will be available in two tranches in FY24; series II opens for subscription on September 11 and closes on September 15, 2023. The bonds are government securities that are redeemed in cash on maturity and carry a sovereign guarantee. Interest will be credited semi-annually to the bank account of the investor at a rate of 2.5%. Investors who subscribe online are offered a discount of Rs. 50 per gram of gold.
Sovereign Gold Bond premature redemption date today: Check August 11, 2026, SGB redemption price, returns on Rs 1 investments
Sovereign Gold Bond: The Reserve Bank of India has revealed the redemption prices for select gold bond series, which can be redeemed prematurely after a five-year period from their issuance. The redemption amount is determined by taking a three-day average of gold prices.
Sovereign Gold Bond: Final redemption of SGB 2016-17 Series IV; investors to make 193% profit at maturity; check details
The Reserve Bank of India has announced the final redemption rate for the Sovereign Gold Bond 2016-17 Series IV, which matures today. The final redemption price is Rs 8,634 per gram based on the simple average closing gold price for the three business days.
Sovereign Gold Bond scheme 2023-24: 1st tranche opens for subscription from Monday; 8 reasons to buy
The Indian government is launching the Sovereign Gold Bond Scheme (SGB) 2023-24, Series I, opening for subscription on 19 June, with a nominal value of INR5,926 ($92.5) per gram of gold. Online subscribers are also eligible for a discount of INR50 per gram. Subscriptions end on 23 June. SGBs offer several advantages over physical gold, including an interest rate of 2.5% on capital appreciation, capital gains tax exemption after eight years of investment, guarantee against default, and high liquidity via exchange trading, said personal finance expert Jitendra Solanki.
Sovereign Gold Bonds up for final redemption in 2024: Tentative dates of SGBs up for redemption this year
SGB final redemption dates: This year, already two Sovereign Gold Bond (SGB) Schemes launched in 2016 have come up for final redemption. Let us see the tentative dates of SGBs up for financial redemption in 2024.
Sovereign Gold Bond 2025: RBI announces SGB premature redemption dates from April – September 2025; Check details
SGB Redemption Date: The Reserve Bank of India (RBI) has announced the premature redemption schedule for Sovereign Gold Bonds (SGBs) between April and September 2025. Investors willing to redeem before maturity can submit requests within specified periods. These bonds provide a secure investment in gold with periodic interest.
Sovereign Gold Bond price fixed at Rs 6,263/gm; issues opens Monday
The Government of India, in consultation with the Reserve Bank, has decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode.
Sovereign Gold Bonds trading at steep discount: Here's how to invest in them
Sovereign Gold Bonds issued by the RBI are trading at very attractive prices. Here’s what you need to keep in mind when you invest in these instruments.
Don't be in a hurry, buy sovereign gold bonds in 2 tranches
The first tranche of sovereign gold bonds is currently open and closes on June 24. Investors will have to pay ₹5,041 per gram of gold after the ₹50 per gram discount for digital payments. This is ₹18 per gram lower than ₹5,059 per gram that they paid for earlier in March this year. Gold prices have gained 7.37% in the last one year in rupee terms, while in dollar terms they are up 4.17%.
6 stocks with consistent score improvement and upside potential of up to 24% in one year, according to analysts
Another week where the bears were in total control. There is, at this juncture, no point in guessing what will happen to the Nifty and Sensex. It depends on many things that have nothing to do with what is happening at the fundamental or technical levels. So, let the storm pass. The stocks we have in our list today have seen an improvement in their overall average Stock Report Plus score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum.
How much Sovereign Gold Bond issues have collected till now
The fourth tranche of the Sovereign Gold Bond scheme opens this month. Here is how much the three previous issues collected.
Sovereign Gold Bonds: What are the tax implications?
These bonds offer investors a fixed interest rate of 2.5% on their investments. Interest is paid on a semi-annual basis.
Sovereign Gold Bond premature redemption: Investors can withdraw this tranche at 118% higher than issue price
Sovereign gold bond (SGB) investors can prematurely withdraw SGB 2017-18 XIII at a price which is 118.14% higher than its issue price. The due date for premature withdrawal is December 26, 2023. In absolute terms the return from premature redemption of this SGB comes to Rs 3,386 without factoring the interest given by the SGB.
Sovereign Gold Bond scheme: 1st tranche of FY24 opens. Should you subscribe?
India's Sovereign Gold Bond Scheme 2023-24 - Series I - has opened for subscription until June 23, with a settlement date of June 27. The issue price is INR 5,926 ($79) per gram of gold, with a discount of INR 50 for online subscriptions. Investors selling before eight years of investing would be subject to short-term gains tax. However, there would be no capital gains tax if remaining invested for eight years. The bond is seen as more attractive against other forms of gold as there is no default risk and no expense in managing it.
SGBs deliver 153% return: RBI announces premature redemption price and date for this sovereign gold bond series; check details
Sovereign Gold Bond: The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2020-21 Series-VII, allowing investors to redeem on October 20, 2025. These bonds, issued at Rs 5,051 per gram, will yield an impressive 153.26% return on redemption, offering a significant gain over the initial investment.
Why Sovereign Gold Bond is the best bullion bet?
The advantage of SGB over other forms of Gold is on multiple counts. Apart from capital appreciation, SGBs offer a 2.5% interest on the capital appreciation, Personal Finance expert Jitendra Solanki. There is no capital gains tax if one remains invested for 8 years, he added.
Latest Sovereign Gold Bond issue price is 11% higher than price during peak Covid time
The set issue price of Rs. 5,926 per gram of gold for SGB Series I 2023–24 is Rs. 315 more expensive than the tranche's March 2023 issuance price.
Sovereign Gold Bond premature exit date today: SGB series turned Rs 1 lakh investment into Rs 3.12 lakh
The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series VIII at Rs 16,012 per unit. Investors can redeem their bonds early from May 18, 2026, after five years of the issue date. This offers online investors a significant return of 212.30% on their initial investment, excluding interest.
Sovereign Gold Bond premature redemption: Check details of SGB 2016-17 Series I due date, price, tax applicability
The tenure of the Sovereign Gold Bond Scheme is eight years. However, premature withdrawal can be made after the fifth year from the date of issue of coupon payment dates.
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analysts
At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expecting too much. But the fact is that rationality finally prevails. And it has to do with earnings and fundamentals and macro-economic order. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR Plus Reports is a complimentary offering to ETPrime members.
Can you take a loan against your Sovereign Gold Bond investments?
Sovereign Gold Bonds (SGB) can be used as security for loans from banks, financial institutions, and non-banking financial companies (NBFC).
Next SGB redemption date 2024: This Sovereign Gold Bond tranche up for final redemption in August; check price, interest rate
Next SGB redemption date: The Sovereign Gold Bond has a tenor of eight years, and there is an option to exit from the fifth year, which can be exercised on the interest payment dates. The Sovereign Gold Bond Scheme 2016-17 - Series I was issued on August 5, 2016.
New SGB issuance: When will government issue next tranche of sovereign gold bonds? Here is the answer
Since 2015, the Sovereign Gold Bond (SGB) scheme has successfully reduced the demand for physical gold, accumulating 146.96 tons worth approximately Rs 72,275 crore. Issuance of new SGB tranches is contingent upon careful evaluation of borrowing costs relative to other instruments, with recent geopolitical tensions impacting gold prices and influencing the government's decisions.
RBI issues new tranche of Sovereign Gold Bonds: How to buy SGB online
The subscription period for Series III of the Sovereign Gold Bond Scheme 2022–23 runs from December 19–23, 2022.
Sovereign Gold Bonds redemption: This SGB series is up for final redemption in September; check details
Sovereign Gold Bonds Redemption: Sovereign Gold Bonds (SGB) were introduced in 2015 to lower the demand for physical gold. Under the scheme, the investors will be issued a Holding Certificate. The bond tenure is 8 years and is eligible for premature redemption from 5th year.
Sovereign Gold Bond 2017-18 Series III can be withdrawn at 105% higher than issue price on this date
Sovereign Gold Bond 2017-18 Scheme Series III was priced at Rs 2,964 per gram at the time of issue. The Reserve Bank of India has set the redemption price at Rs 6063 per gram.
Govt announces new Sovereign Gold Bond issues for December and February. 8 things to know
The sovereign gold bond scheme was launched in November 2015 to reduce the demand for physical gold and shift a part of the domestic savings -- used for the purchase of gold -- into financial savings.
Sovereign Gold Bond Scheme 2023-24 Series II open for subscription; check latest SGB issue price, how to invest online
SGB: The Reserve Bank of India (RBI) has kept the settlement date of this tranche of Sovereign Gold Bond Scheme 2023-24 Series as September 20, 2023.
Sovereign gold bond scheme opens: Should you subscribe?
Those who intend to subscribe to the SGB scheme can bid for a minimum of one unit - equivalent to one gram of gold - at Rs 4,777. There will be a Rs 50 discount for prospective investors bidding online.
Modi govt's Sovereign Gold Bond Scheme proven to be 'complete fiasco': Congress
The Congress has criticized the Modi government, claiming the Sovereign Gold Bond Scheme has been a failure, increasing the government’s liabilities significantly. This follows similar issues seen with demonetisation and the 'Make in India' initiative. The party argues for a shift in economic focus to support common people.
Sovereign Gold Bond: Premature redemption of SGB 2017–18 Series IV fixed at this price
The Reserve Bank of India (RBI) announced that the redemption price for the SGB 2017-18 Series IV, which is due on October 21, 2022.
Sovereign Gold Bond Scheme 2023-24 Series IV issuance: How to check SGB allotment status if you apply online/offline
Sovereign Gold Bond 2023-24 Series IV: SGB 2023-24 Series IV opened for subscription on February 12, 2024 and closed on February 16, 2024. However unlike initial public offering (IPO) where investors may or may not get allotment, in SGBs if a investor applies and the documents checks out and application money is remitted on time, allotment is guaranteed.
Sovereign Gold Bond Scheme 2023–24 Series IV: What is the allotment date of the latest SGB tranche?
The Sovereign Gold Bond Scheme 2023–24 Series IV has an issue price of Rs 6,263. The subscription period is from February 12 to 16, 2024. Investors receive a fixed interest rate of 2.5% per annum. The bond has a tenor of 8 years with an exit option from the 5th year onwards.
This Sovereign Gold Bond series can be prematurely withdrawn at 114.5% higher than issue price
Investors of sovereign gold bond 2017-18 Series XII are in for an jackpot since they can prematurely withdraw from the SGB scheme with an absolute return of 114.4982% from the issue price. SGB 2017-18 was issued by the RBI on December 2017 at a price of Rs 2,890 per unit of SGB.
Sovereign Gold Bond 2016 Series II final redemption is today: 3 things these SGB investors need to check before maturity
SGB final redemption: The Sovereign Gold Bond is issued by Reserve Bank on behalf of Government of India. If you are an investor in this SGB tranche, then here are a few important things to keep in mind with regards to the maturity of an SGB tranche.
This Sovereign Gold Bond series gives 144% return on premature redemption; check issue price and other details
Sovereign Gold Bond premature redemption: The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after the fifth year from the date of their issue.
