Sovereign Gold Bond Update: Centre to issue SGBs when required, say sources
Sovereign Gold Bond News: The central government will issue Sovereign Gold Bonds (SGBs) when needed, Zee Business learned from official sources.
Linked to market returns and offering an additional 2.5 per cent return, Sovereign Gold Bonds (SGBs) provide an effective way to invest in gold.
Here’s everything you need to know about Sovereign Gold Bonds:
Sovereign gold bonds are government-backed securities that enable investors to invest in the yellow metal without having to physically purchase or store it. Issued by the RBI on behalf of the Government of India, SGBs are denominated in grams of gold and are issued in tranches.
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