Sovereign gold bonds: (Updated as on February 4

(Updated as on February 4, 2019) 1. What is Sovereign Gold Bond (SGB)? Who is the issuer? SGBs are government securities denominated in grams of gold . They are substitutes for holding physical gold . Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. 2. Why should I buy SGB rather than physical gold ? What are the benefits? The quantity of gold for which the investor pays is ... Invest in Sovereign Gold Bonds for guaranteed returns and tax benefits. Invest in gold without worrying about storage. Easy and safe investment option Invest in Sovereign Gold Bonds with HDFC Bank and secure your financial future. Enjoy the convenience of digital transactions and competitive interest rates. Frequently Asked Questions - Reserve Bank of IndiaFrequently Asked Questions