SGB
Also called Sovereign Gold Bond
Sovereign Gold Bond: a government bond priced in grams of gold, paying 2.5% a year; no new issues since 2024.
SGB stands for Sovereign Gold Bond, a government bond priced in grams of gold. It paid 2.5% a year on top of gold’s price movement over an 8-year term. No new ones have been issued since early 2024, and the tax on redemption changed in April 2026. If you hold some, read what existing SGB holders need to know.
Questions people ask
What is the full form of SGB?
SGB stands for Sovereign Gold Bond, a government security denominated in grams of gold, issued by RBI on behalf of the Government of India, in units of one gram.
Can I still buy Sovereign Gold Bonds?
Not new ones. No tranche has been issued since early 2024. Existing bonds still trade on the stock exchange if held in demat form, and they keep paying interest until maturity.
How long is an SGB's term?
Eight years, per RBI's FAQs, with an option to exit early on interest dates after the fifth year. Interest is 2.5% a year on the initial investment, paid every six months.
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