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Home News News and Press Release Month 12 2019 2019 (12) This

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Government has introduced 33 tranches of Sovereign Gold Bonds

9-12-2019

Contents

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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