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Best SGBs by Discount (2026)

Sovereign Gold Bonds trading below their fair value

Looking for the best discounted Sovereign Gold Bonds? When an SGB trades below its fair value (calculated based on current gold prices), you're essentially getting gold at a discount. This page ranks all available SGBs by their discount percentage, updated in real-time.

Top Discount

1.88%

Best Yield

0.61%

SGBs Available

46

Looking for the best discounted Sovereign Gold Bonds? When an SGB trades below its fair value (calculated based on current gold prices), you're essentially getting gold at a discount. This page ranks all available SGBs by their discount percentage, updated in real-time. A higher discount means better value - you pay less than what the underlying gold is worth. This is particularly attractive for long-term investors who believe in gold's appreciation potential.

Key Insights

1

Higher discount = better entry point for gold investment

2

Discount varies based on market liquidity and demand

3

SGBs closer to maturity often have lower discounts

4

Consider yield alongside discount for total returns

Top SGBs by By Discount

#SymbolPriceDiscountYieldMaturity
1SGBNV29VII₹15,2731.88%0.61%Nov 2029
2SGBMAY29I₹15,3031.40%0.52%May 2029
3SGBJU29III₹15,3161.37%0.51%Jun 2029
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5████████₹█,████.██%█.██%██-███-████
6████████₹█,████.██%█.██%██-███-████

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Frequently Asked Questions

SGBs can trade at a discount due to lower liquidity in the secondary market, investor preference for other gold instruments, or general market conditions. This creates opportunities for value investors to buy gold below market price.
Buying a discounted SGB can be advantageous as you get gold exposure below market price, plus 2.5% annual interest, and tax-free maturity gains. However, consider the lock-in period and your investment horizon.
Discount = (Fair Value - Market Price) / Fair Value × 100. Fair value is calculated based on current gold price (₹/gram) × number of grams per unit, adjusted for time value using a discount rate.

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