In April 2025, investors holding select Sovereign Gold Bonds (SGBs) from the 2017-18 series will have the option for early redemption. The bonds eligible for redemption include SGB 2017-18 Series III, IV, and V, with redemption dates scheduled for April 16, April 23, and April 30. These bonds were originally issued at prices varying from … Read more
Three Sovereign Gold Bonds are due for premature redemption in April 2025, offering investors significant returns. Calculations show potential earnings, excluding interest, as high as 199% depending on the series. In April 2025, investors holding specific Sovereign Gold Bonds (SGBs) from the 2017-18 series will have the opportunity for premature redemption. The bonds affected include … Read more
Sovereign Gold Bonds are one of the most sought-after gold investments available at present. The Sovereign Gold Bonds (SGB) are government securities denominated in grams of gold, offering an alternative mode of investment to physical gold. The government-backed gold bonds were initially issued by the Reserve Bank of India on behalf of the government. However, … Read more
With Sovereign Gold Bonds (SGBs) maturities approaching, investors should consider their options carefully. Whether to reinvest in new SGBs, explore other gold investments, or diversify into different asset classes depends on their individual financial goals and risk tolerance. Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, in an interview with BT Money Today discussed the potential impact … Read more
SGBs: As the Reserve Bank of India is not issuing any new tranche for Sovereign Gold Bonds, investors now are willing to buy the government-backed gold bonds from the secondary market, i.e. the stock exchanges. Investors have the option to acquire Sovereign Gold Bonds through the primary market when the government declares subscription periods or via … Read more
Sovereign Gold Bonds (SGBs) have become a popular investment avenue, offering the allure of gold without the need for physical ownership. However, various economic factors may compel the government to reconsider or pause the issuance of SGBs. This year, we have seen a delay in issuing SGBs, as it is already August and there is … Read more
Every year, the Reserve Bank of India (RBI) typically releases Series I of Sovereign Gold Bonds (SGBs) between April and June. However, as we sit in August, there’s still no news of the release for 2024. This delay is raising questions and concerns. Historically, the RBI issued 10-14 tranches of SGBs annually. Yet, over the … Read more
Sovereign Gold Bonds (SGBs): The Reserve Bank of India has announced the dates for premature redemption of Sovereign Gold Bonds issued between May 2017 and May 2020. The central bank is planning to redeem 30 SGBs from October 11 and February 7, 2025. The redemption price will be announced by the Reserve Bank of India … Read more
Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and attractive coupon rates. With speculation over new issuances in the future, these listed bonds have seen increased demand. By mid-August 2024, the top 15 most liquid SGB series were closing 8% higher than … Read more
The Reserve Bank of India has announced the final redemption price for Sovereign Gold Bonds (SGBs) issued on August 5, 2016. The central bank has fixed the final redemption price at Rs 6,938 per gram, which is 122 percent higher than the issued price. The gold bonds were issued at a price of Rs 3,119 … Read more