Ministry of Finance
Government has introduced 33 tranches of Sovereign Gold Bonds
Posted On:
09 DEC 2019 4:38PM by PIB Delhi
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
|
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