| Sr. No. | Tranche | Subscription Period | Date of Issuance |
|---|---|---|---|
| 1 | 2023-24 Series I | June 19 – June 23, 2023 | June 27, 2023 |
| 2 | 2023-24 Series II | September 11 – September 15, 2023 | September 20, 2023 |
| 3 | 2023-24 Series III | December 18 – December 22, 2023 | December 28, 2023 |
| 4 | 2023-24 Series IV | February 12 – February 16, 2024 | February 21, 2024 |
What are Sovereign Gold Bonds?
Sovereign Gold Bonds (SGBs) are a secure and efficient investment option issued by the Reserve Bank of India (RBI) on behalf of the Government of India. These bonds offer the benefits of investing in gold without the hassles of holding physical gold. They provide assured interest earnings in addition to potential capital appreciation. Investors can enjoy tax benefits on capital gains if held until maturity. SGBs are also tradable on stock exchanges, offering liquidity and flexibility for investors.
Upcoming Tanche Dates
FAQs
The latest SGB issue date by the RBI was the 2023-24 Series IV. Subscription for this series was open from February 12, 2024, to February 16, 2024, and the issuance date was February 21, 2024.
No, Sovereign Gold Bond Schemes are issued periodically in tranches announced by the Government of India. Investors can subscribe to these bonds during the specified subscription periods.
The RBI issues Sovereign Gold Bonds multiple times every year. The exact number of issuances can vary each year. The tenor of the bond is for a period of 8 years with an exit option from the 5th year onwards, which can be exercised on the interest payment dates.