Government has introduced 33 tranches of Sovereign Gold Bonds

The Government Sovereign Gold Bonds (SGB) Scheme was introduced in November 2015. SGBs are provided as a substitute for physical gold to investors.

This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today.

There have been 33 tranches since the introduction of SGB. Details are provided in the Table below:

(till Oct. 2019)

Financial Year

Tranches

Units (in grams)

Units (in kg)

2015-16

3

4903285

4903.29

2016-17

4

11387765

11387.77

2017-18

14

6524691

6524.69

2018-19

6

2030873

2030.87

2019-20

6

3797451

3797.45

TOTAL

33

28644065

28644.07

 

 

Shri Thakur also gave a year-wise detail of response of SGB Scheme from North East is given in the Table below:

 

Financial Year

Tranches

Units (in grams)

Units (in kg)

2015-16

3

1977

1.98

2016-17

4

2849

2.85

2017-18

14

599

0.60

2018-19

6

204

0.20

2019-20

6

78

0.08

TOTAL

33

5707

5.71

RM/DKS/KMN