Complete glossary of Sovereign Gold Bond and gold investment terms. Learn the meaning of fair value, yield, discount, and more.
Government securities denominated in grams of gold, issued by RBI on behalf of Government of India
The theoretical value of an SGB based on current gold price and time to maturity
When an SGB trades below its fair value in the secondary market
The date when an SGB completes its tenure and is redeemed by RBI
The fixed 2.5% annual interest paid on Sovereign Gold Bonds
When an SGB trades above its fair value in the secondary market
India's central bank that issues Sovereign Gold Bonds on behalf of the government
The price at which SGB is originally issued by RBI during subscription
International Securities Identification Number - unique identifier for securities
Electronic account to hold securities like SGBs in dematerialized form
National Stock Exchange and Bombay Stock Exchange - where SGBs are traded
The number of SGB units traded in a given period on stock exchanges