Ministry of Finance
Government has introduced 33 tranches of Sovereign Gold Bonds
Posted On: 09 DEC 2019
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 |