Sovereign Gold Bond is quite a popular investment scheme and rightly so. It’s one of the best ways to invest in gold due to ease of investment, easy management, tax free capital gains and guarantee by government of India. However there has always been confusion about Sovereign Gold Bond Dates – When the New Issue would come out. In the past 5 years there has been no particular trend for the Sovereign Gold Bond Dates. There have been times when there has been Sovereign Gold Bonds every week for 3 months and then there have been periods when there was no issue for 6 months.
I think government of India needs to work out a systematic timing for the same. The good thing is the government now publishes half-yearly schedules in advance as the table below shows for FY 2021-22.
We looked at more than 55 years history of gold to see if its a good idea to invest in Gold. We concluded that its more volatile than perceived but investing in long term may provide you with more stable returns. You can look at the complete analysis and our conclusion here – Looking at Gold Price History in India – Should you Invest in Gold?
Ideally this should have been made more systematic like every first week of the month and additionally in Diwali (or other festivals). This would help the investors plan their cash-flows accordingly.
The table below lists down all the issues of Sovereign Gold Bond since 2015 – when the first issue came out in November 2015.
Year | Name | Open Date | Close Date | Issue Date | Issue Price | Early Redemption Date | Date of Redemption | Number of units (in grams) |
---|---|---|---|---|---|---|---|---|
2015-16 | SGB-2015-Series-I | 05-Nov-15 | 20-Nov-15 | 30-Nov-15 | 2,684 | 30-Nov-20 | 30-Nov-23 | 908,807 |
2015-16 | SGB-2016-Series-I | 18-Jan-16 | 22-Jan-16 | 08-Feb-16 | 2,600 | 08-Feb-21 | 08-Feb-24 | 2,858,082 |
2015-16 | SGB-2016-Series-II | 08-Mar-16 | 14-Mar-16 | 29-Mar-16 | 2,916 | 29-Mar-21 | 29-Mar-24 | 1,113,656 |
2016-17 | SGB-2016-17-Series-I | 18-Jul-16 | 22-Jul-16 | 05-Aug-16 | 3,119 | 05-Aug-21 | 05-Aug-24 | 2,953,025 |
2016-17 | SGB-2016-17-Series-II | 01-Sep-16 | 09-Sep-16 | 30-Sep-16 | 3,150 | 30-Sep-21 | 30-Sep-24 | 2,615,800 |
2016-17 | SGB-2016-17-Series-III | 24-Oct-16 | 02-Nov-16 | 17-Nov-16 | 3,007 | 17-Nov-21 | 17-Nov-24 | 3,598,055 |
2016-17 | SGB-2016-17-Series-IV | 27-Feb-17 | 03-Mar-17 | 17-Mar-17 | 2,943 | 17-Mar-22 | 17-Mar-25 | 2,220,885 |
2017-18 | SGB 2017-18-Series-I | 24-Apr-17 | 28-Apr-17 | 12-May-17 | 2,951 | 12-May-22 | 12-May-25 | 2,027,695 |
2017-18 | SGB 2017-18-Series-II | 10-Jul-17 | 14-Jul-17 | 28-Jul-17 | 2,830 | 28-Jul-22 | 28-Jul-25 | 2,349,953 |
2017-18 | SGB 2017-18-Series-III | 09-Oct-17 | 11-Oct-17 | 16-Oct-17 | 2,956 | 16-Apr-23 | 16-Oct-25 | 264,815 |
2017-18 | SGB 2017-18-Series-IV | 16-Oct-17 | 18-Oct-17 | 23-Oct-17 | 2,987 | 23-Apr-23 | 23-Oct-25 | 378,945 |
2017-18 | SGB 2017-18-Series-V | 23-Oct-17 | 25-Oct-17 | 30-Oct-17 | 2,971 | 30-Apr-23 | 30-Oct-25 | 174,024 |
2017-18 | SGB 2017-18-Series-VI | 30-Oct-17 | 01-Nov-17 | 06-Nov-17 | 2,945 | 06-May-23 | 06-Nov-25 | 153,356 |
2017-18 | SGB 2017-18-Series-VII | 06-Nov-17 | 08-Nov-17 | 13-Nov-17 | 2,934 | 13-May-23 | 13-Nov-25 | 175,121 |
2017-18 | SGB 2017-18-Series-VIII | 13-Nov-17 | 15-Nov-17 | 20-Nov-17 | 2,961 | 20-May-23 | 20-Nov-25 | 135,666 |
2017-18 | SGB 2017-18-Series-IX | 20-Nov-17 | 22-Nov-17 | 27-Nov-17 | 2,964 | 27-May-23 | 27-Nov-25 | 105,512 |
2017-18 | SGB 2017-18-Series-X | 27-Nov-17 | 29-Nov-17 | 04-Dec-17 | 2,961 | 04-Jun-23 | 04-Dec-25 | 107,380 |
2017-18 | SGB 2017-18-Series-XI | 04-Dec-17 | 06-Dec-17 | 11-Dec-17 | 2,952 | 11-Jun-23 | 11-Dec-25 | 81,614 |
2017-18 | SGB 2017-18-Series-XII | 11-Dec-17 | 13-Dec-17 | 18-Dec-17 | 2,890 | 18-Jun-23 | 18-Dec-25 | 111,218 |
2017-18 | SGB 2017-18-Series-XIII | 18-Dec-17 | 20-Dec-17 | 26-Dec-17 | 2,866 | 26-Jun-23 | 26-Dec-25 | 131,958 |
2017-18 | SGB 2017-18-Series-XIV | 26-Dec-17 | 27-Dec-17 | 01-Jan-18 | 2,881 | 01-Jul-23 | 01-Jan-26 | 327,434 |
2018-19 | SGB 2018-19-Series-I | 16-Apr-18 | 20-Apr-18 | 04-May-18 | 3,114 | 04-Nov-23 | 04-May-26 | 650,337 |
2018-19 | SGB 2018-19-Series-II | 15-Oct-18 | 19-Oct-18 | 23-Oct-18 | 3,146 | 23-Apr-24 | 23-Oct-26 | 312,258 |
2018-19 | SGB 2018-19-Series-III | 05-Nov-18 | 09-Nov-18 | 13-Nov-18 | 3,183 | 13-May-24 | 13-Nov-26 | 409,398 |
2018-19 | SGB 2018-19-Series-IV | 24-Dec-18 | 28-Dec-18 | 01-Jan-19 | 3,119 | 01-Jul-24 | 01-Jan-27 | 207,886 |
2018-19 | SGB 2018-19-Series-V | 14-Jan-19 | 18-Jan-19 | 22-Jan-19 | 3,214 | 22-Jul-24 | 22-Jan-27 | 243,606 |
2018-19 | SGB 2018-19-Series-VI | 04-Feb-19 | 08-Feb-19 | 12-Feb-19 | 3,326 | 12-Aug-24 | 12-Feb-27 | 207,388 |
2019-20 | SGB 2019-20-Series-I | 03-Jun-19 | 07-Jun-19 | 11-Jun-19 | 3,196 | 11-Dec-24 | 11-Jun-27 | 459,789 |
2019-20 | SGB 2019-20-Series-II | 08-Jul-19 | 12-Jul-19 | 16-Jul-19 | 3,443 | 16-Jan-25 | 16-Jul-27 | 535,947 |
2019-20 | SGB 2019-20-Series-III | 05-Aug-19 | 09-Aug-19 | 14-Aug-19 | 3,499 | 14-Feb-25 | 14-Aug-27 | 1,024,837 |
2019-20 | SGB 2019-20-Series-IV | 09-Sep-19 | 13-Sep-19 | 17-Sep-19 | 3,890 | 17-Mar-25 | 17-Sep-27 | 627,892 |
2019-20 | SGB 2019-20-Series-V | 07-Oct-19 | 11-Oct-19 | 15-Oct-19 | 3,788 | 15-Apr-25 | 15-Oct-27 | 455,776 |
2019-20 | SGB 2019-20-Series-VI | 21-Oct-19 | 25-Oct-19 | 30-Oct-19 | 3,835 | 30-Apr-25 | 30-Oct-27 | 693,210 |
2019-20 | SGB 2019-20-Series-VII | 02-Dec-19 | 06-Dec-19 | 10-Dec-19 | 3,795 | 10-Jun-25 | 10-Dec-27 | 648,304 |
2019-20 | SGB 2019-20-Series-VIII | 13-Jan-20 | 17-Jan-20 | 21-Jan-20 | 4,016 | 21-Jul-25 | 21-Jan-28 | 522,119 |
2019-20 | SGB 2019-20-Series-IX | 03-Feb-20 | 07-Feb-20 | 11-Feb-20 | 4,070 | 11-Aug-25 | 11-Feb-28 | 405,957 |
2019-20 | SGB 2019-20-Series-X | 02-Mar-20 | 06-Mar-20 | 11-Mar-20 | 4,260 | 11-Sep-25 | 11-Mar-28 | 757,338 |
2020-21 | SGB 2020-21-Series-I | 20-Apr-20 | 24-Apr-20 | 28-Apr-20 | 4,639 | 28-Oct-25 | 28-Apr-28 | 1,772,874 |
2020-21 | SGB 2020-21-Series-II | 05-May-20 | 08-May-20 | 19-May-20 | 4,590 | 19-Nov-25 | 19-May-28 | 2,544,294 |
2020-21 | SGB 2020-21-Series-III | 03-Jun-20 | 05-Jun-20 | 16-Jun-20 | 4,677 | 16-Dec-25 | 16-Dec-28 | 2,388,328 |
2020-21 | SGB 2020-21-Series-IV | 01-Jul-20 | 03-Jul-20 | 14-Jul-20 | 4,852 | 14-Jan-26 | 14-Jul-28 | 4,130,820 |
2020-21 | SGB 2020-21-Series-V | 29-Jul-20 | 31-Jul-20 | 11-Aug-20 | 5,334 | 11-Feb-26 | 11-Aug-28 | 6,349,781 |
2020-21 | SGB 2020-21-Series-VI | 26-Aug-20 | 28-Aug-20 | 08-Sep-20 | 5,117 | 08-Mar-26 | 08-Sep-28 | 3,190,133 |
2020-21 | SGB 2020-21-Series-VII | 07-Oct-20 | 09-Oct-20 | 20-Oct-20 | 5,051 | 20-Apr-26 | 20-Oct-28 | 1,859,518 |
2020-21 | SGB 2020-21-Series-VIII | 04-Nov-20 | 06-Nov-20 | 18-Nov-20 | 5,177 | 18-May-26 | 18-Nov-28 | 1,573,457 |
2020-21 | SGB 2020-21-Series-IX | 22-Dec-20 | 24-Dec-20 | 05-Jan-21 | 5,000 | 05-Jul-26 | 05-Jan-29 | 2,869,886 |
2020-21 | SGB 2020-21-Series-X | 06-Jan-21 | 08-Jan-21 | 19-Jan-21 | 5,104 | 19-Jul-26 | 19-Jan-29 | 1,214,048 |
2020-21 | SGB 2020-21-Series-XI | 01-Feb-21 | 05-Feb-21 | 09-Feb-21 | 4,912 | 09-Aug-26 | 09-Feb-29 | 1,227,915 |
2020-21 | SGB 2020-21-Series-XII | 01-Mar-21 | 05-Mar-21 | 09-Mar-21 | 4,662 | 09-Sep-26 | 09-Mar-29 | 3,230,907 |
2021-22 | SGB 2021-22-Series-I | 17-May-21 | 21-May-21 | 25-May-21 | 4,777 | 25-Nov-26 | 25-May-29 | 5,318,973 |
2021-22 | SGB 2021-22-Series-II | 24-May-21 | 28-May-21 | 01-Jun-21 | 4,842 | |||
2021-22 | SGB 2021-22-Series-III | 31-May-21 | 04-Jun-21 | 08-Jun-21 | 4,889 | |||
2021-22 | SGB 2021-22-Series-IV | 12-Jul-21 | 16-Jul-21 | 20-Jul-21 | ||||
2021-22 | SGB 2021-22-Series-V | 09-Aug-21 | 13-Aug-21 | 17-Aug-21 | ||||
2021-22 | SGB 2021-22-Series-VI | 30-Aug-21 | 03-Sep-21 | 07-Sep-21 |
If you look at the table carefully, you will realise how the government has evolved with the Sovereign Gold Bond Dates
We have analysed all the Sovereign Gold Bonds issued till date to give you what kind of returns you can expect from the same. Till today there is just Sovereign Gold Bonds-2015-Series-I which was available for early redemption. For this the annual return has been 13.5% before tax and 12.8% after tax (30% slab). You can get more details here.
Looking at the above data it seems government was able to regularise the Sovereign Gold Bond Dates in FY 2020-21 and plans to have 12 issues every year – with 1 every month. I think Covid emergency like situation in April 2021, made it miss the first month.
Sovereign Gold Bonds are one of the better ways to invest in gold. It’s safe, backed by government of India and you need not be worried about purity of gold or storage. The icing on the cake is you get interest paid on your investment. You can buy these Sovereign Gold Bonds from NSE/BSE but the liquidity is a problem. So it’s a good idea to subscribe to latest issue of Sovereign Gold Bonds which comes almost every month.
The Sovereign Gold Bond date table above gives us some more interesting facts on the Investment Trends:
We hope that this post would have given you some clarity on Sovereign Gold Bond dates. I think in future it would me more regular and may even be issued in a fixed week of the month along with some special occasions. This would be a win-win for everyone – it will help investors plan their cashflows accordingly and leading to higher collections by government of India.
Everyone hates paying taxes and always are on lookout for Options to Save Tax. However…
Are you worried and confused about Lien amount in SBI? Well you are not alone.…
Get details of latest Sovereign Gold Bond Price, Issue details, taxation and how to invest.…
Download the Excel based Income Tax Calculator India for FY 2020-21 (AY 2021-22). This compares…
Piramal Capital & Housing Finance, has come out with Piramal Capital & Housing Finance Ltd…
IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL…