Understanding Sovereign Gold Bonds (SGBs)

What are Sovereign Gold Bonds?

Sovereign Gold Bonds (SGBs) are government-backed securities denominated in grams of gold. They serve as an alternative to physically holding gold. Investors pay the issue price in cash and, on maturity, the bonds are redeemed in cash. Issued by the Government of India through the Reserve Bank of India (RBI), SGBs have an 8-year maturity, though there's an option for investors to exit after 5 years.

For those interested in applying for SGBs via FYERS, you can use the Fyers SGB portal.

For the step-by-step procedure, refer to this article.

    • Related Articles

    • How do I redeem Sovereign Gold Bonds using FYERS platforms?

      To redeem your Sovereign Gold Bonds (SGBs) on the secondary market through FYERS, you can use any of our platforms—FYERS Web, FYERS App, or FYERS Next. Here’s how you can carry out the redemption process: Log into FYERS Platform: Open the Fyers Web ...

    • What are corporate bonds?

      Corporate bonds are debt instruments floated by private and public enterprises. They're a method for these companies to amass capital for diverse needs, like infrastructure expansion or business growth. When you invest in a corporate bond, you're ...

    • Why invest in corporate bonds?

      Corporate bonds come with various advantages for investors: Higher Yields: Typically, corporate bonds offer higher interest rates compared to government securities or fixed deposits. This is attributed to the increased credit risk associated with ...

    • Can corporate bonds be pledged?

      Certainly! Corporate bonds can be pledged through our Pledge portal to get additional margin for trading in the F&O segment. Corporate bonds are treated as cash equivalents and come with minimal haircuts. For a detailed understanding of these ...

    • How to modify my corporate bonds order?

      In the scenario where you wish to amend an order for corporate bonds, it's important to note that modifications to existing orders are not an available option. To adjust your investment, you must: Cancel the current order: Initiate the cancellation ...