Sovereign Gold Bonds Scheme : Now You can buy in NSE

What is Sovereign Gold Bond (SGB)? Who is the issuer?

           SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India.

          Pursuant to RBI press release ref no: 2015-2016/2857 dated June 08, 2016, the first tranche of Sovereign Gold Bond issued on November 30, 2015 held in dematerialised form will be available for trade on NSE trading platform w.e.f. June 13, 2016. Sovereign Gold Bond will trade in Capital Market Segment. Market timing for trading will be 09:15 am to 3.30 pm & 3:40 pm to 4:00 pm (closing session). For further details refer circular download ref no. : NSE/CMTR/32540

Know more about Sovereign Gold Bonds Scheme

-   SGBs are Government securities denominated in grams of gold (1 unit = 1 gram)
-   Issued by the Reserve Bank of India on behalf of the Government of India 
-   Investors will earn returns linked to gold price
-   Additionally fixed interest of 2.75% p.a. payable semi-annually on the amount of initial investment -   The Bonds carry Sovereign guarantee in terms value equivalent to investment in units of gold and       periodic interest payment
 -  Minimum investment: 2 gms • Maximum investment: 500 gms 
-   Available in DEMAT & Paper form Tradable on National Stock Exchange of India Limited (NSE) -  Tenure: 8 years with an exit option from 5th year 
-  Issuance through trading members of NSE

ADVANTAGES OF INVESTING IN SOVEREIGN GOLD BONDS (SGB)


For more detials :


SGBS BROUCHER    , 

NSE SYMBOL FOR Sovereign Gold Bonds (Government of India)

  • Symbol: GBNOV23
  • ISIN: IN0020150085




Latest Price : Click Here 




Comments

Unknown said…
Gratitude for this info about this scheme. Keep sharing such details here. I also would be starting out with investments and would need some information about latest options for 2019. I have to learn calculating Cost Inflation Index too as educating myself for wealth management. Can you explain how it can be calculated?

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