Sovereign Gold Bond (SGB): complete issue price history in India
This article provides a complete history of SGB issue price history since 2015 to help investors track the how the issue price has moved over time.
Sovereign Gold Bond (SGB): complete issue price history in India
Posted on 28 Jun 2023 • Updated on: 12 Nov 2024
Author: Sayan Sircar
Tags: 
Gold
18 mins read
Gold
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This article provides a complete history of SGB issue price history since 2015 to help investors track the how the issue price has moved over time.
📚 Topics covered:
- How to understand the SGB press release from RBI
- SGB Price History
- SGB Maturity Return History
- SGB Issuance history
- Up-to-date SGB Issuance history
- Should you buy any SGB from the stock market?
This article is a part of our detailed article series on the concept of Sovereign Gold Bond (SGB). Ensure you have read the other parts here:
-
SGB return vs issue price: what returns do you expect to get from SGB?
This article compares the currently active SGBs vs the latest SGB issue price to see what returns are implied for investors who are already invested.
-
Sovereign Gold Bond (SGB): Which Series is Best for You?
This article explains which Sovereign Gold Bond (SGB) series should be bought from the stock market if you are planning to invest in SGB.
-
The Ultimate Guide to Which Type of Gold Gives the Best Returns
This article helps you choose the right type of gold for your long-term investments since all options do not give the best results.
-
How to buy SGB from the stock market?
This article shows you how to buy Sovereign Gold Bonds (SGB) from the stock market using your demat account.
-
Frequently asked questions on Sovereign Gold Bonds (SGB): the complete guide
This article compiles an exhaustive list of FAQs for Sovereign Gold Bonds (SGB).
How to understand the SGB press release from RBI
Before getting into the price history, we will understand how SGBs are priced by reading the RBI press release that comes with every SGB issued.
We will give the example of Series I of 2023-24 for investors to understand how SGBs are priced and issued. We will now take up snippets from the RBI press release and explain the terms used.
Sovereign Gold Bond Scheme 2023-24 - Series I will be open for subscription during June 19–23, 2023
Each SGB has an unique financial year and series name which is Series I of FY 2023-24. Investors can apply for the SGB during the period June 19–23, 2023.
nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period
SGB is issued at a price which is the average of the 999 purity gold as published by the India Bullion and Jewellers Association Ltd (IBJA) for the last 3 working days in the previous week. The identical calculation is used when redemption price of SGB is calculated.
The IBJA website is here: link.
works out to ₹5,926/- (Rupees Five thousand nine hundred and twenty six only) per gram of gold.
The issue price per unit of SGB is ₹5,926. One unit of SGB is equivalent in price to one gram of gold.
offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode
A discount of ₹50/unit is offered as an incentive to make payment for SGB in online mode. This feature has been the norm since most of the SGB issued after 2016.
For such investors, the issue price of Gold Bond will be ₹5,876/- (Rupees Five thousand eight hundred and seventy six only) per gram of gold.
Post discount, the SGB issue price is ₹5,876 per unit.
The complete press release is available in the RBI website.
SGB Price History
The complete SGB price history in India is here:
To understand whether SGB is good or not:
SGB Maturity Return History
We have covered how maturing SGBs have performed vs FDs and equity mutual funds:
- The first SGB issued in Nov 2015 has given 128% return in 8 years. Is that good or bad?
- SGB issued in Feb 2016 has given 141% return in 8 years. How does that compare with FDs and equity mutual funds?
- SGB issued in Mar 2016 has given 126% return in 8 years. How does that compare with FDs and equity mutual funds?
- SGB issued in Aug 2016 has given 122% return in 8 years. How does that compare with FDs and equity mutual funds?
- SGB issued in Sep 2016 has given 139% return in 8 years. How does that compare with FDs and equity mutual funds?
- SGB issued in Nov 2016 has given 159% return in 8 years. How does that compare with FDs and equity mutual funds?
SGB Issuance history
Up-to-date SGB Issuance history
Gold price used for finding the current return of SGB is from the IBJA site: 1gm of 999 purity gold is priced at ₹6,813.10 on 26-Jul-2024.
For each issue, we have provided details regarding the issue price (which links to the RBI press release), maturity date and NSE Ticker so that you can find out the current market price. The issue price excludes the ₹50/gm online payment discount.
Note: This list is continuously updated once new SGB issues are announced.
SGB Issued in 2023-24
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2023-24 | 2023-24 Series IV | SGBFEB32IV | ₹6,263 | Feb-32 | 8.78% | 5.95% |
| 2023-24 | 2023-24 Series III | SGBDEC31III | ₹6,199 | Dec-31 | 9.91% | 6.06% |
| 2023-24 | 2023-24 Series II | SGBSEP31II | ₹5,923 | Sep-31 | 15.03% | 6.55% |
| 2023-24 | 2023-24 Series I | SGBJUN31I | ₹5,926 | Jun-31 | 14.97% | 6.54% |
SGB Issued in 2022-23
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2022-23 | Series IV | SGBMAR31IV | ₹5,611 | Mar-31 | 21.42% | 7.14% |
| 2022-23 | Series III | SGBDE30III | ₹5,409 | Dec-30 | 25.96% | 7.55% |
| 2022-23 | Series II | SGBAUG30 | ₹5,197 | Aug-30 | 31.10% | 8.00% |
| 2022-23 | Series I | SGBJUN30 | ₹5,091 | Jun-30 | 33.83% | 8.23% |
SGB Issued in 2021-22
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2021-22 | Series X | SGBMAR30X | ₹5,109 | Mar-30 | 33.35% | 8.19% |
| 2021-22 | Series IX | SGBJAN30IX | ₹4,786 | Jan-30 | 42.35% | 8.93% |
| 2021-22 | Series VIII | SGBD29VIII | ₹4,791 | Dec-29 | 42.21% | 8.92% |
| 2021-22 | Series VII | SGBNV29VII | ₹4,761 | Nov-29 | 43.10% | 8.99% |
| 2021-22 | Series VI | SGBSEP29VI | ₹4,732 | Sep-29 | 43.98% | 9.06% |
| 2021-22 | Series V | SGBAUG29V | ₹4,790 | Aug-29 | 42.24% | 8.92% |
| 2021-22 | Series IV | SGBJUL29IV | ₹4,807 | Jul-29 | 41.73% | 8.88% |
| 2021-22 | Series III | SGBJU29III | ₹4,889 | Jun-29 | 39.36% | 8.69% |
| 2021-22 | Series II | SGBJUN29II | ₹4,842 | Jun-29 | 40.71% | 8.80% |
| 2021-22 | Series I | SGBMAY29I | ₹4,777 | May-29 | 42.62% | 8.95% |
SGB Issued in 2020-21
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2020-21 | Series XII | SGBMR29XII | ₹4,662 | Mar-29 | 46.14% | 9.23% |
| 2020-21 | Series XI | SGBFEB29XI | ₹4,912 | Feb-29 | 38.70% | 8.63% |
| 2020-21 | Series X | SGBJAN29X | ₹5,104 | Jan-29 | 33.49% | 8.20% |
| 2020-21 | Series IX | SGBJAN29IX | ₹5,000 | Jan-29 | 36.26% | 8.43% |
| 2020-21 | Series VIII | SGBN28VIII | ₹5,177 | Nov-28 | 31.60% | 8.04% |
| 2020-21 | Series VII | SGBOC28VII | ₹5,051 | Oct-28 | 34.89% | 8.32% |
| 2020-21 | Series VI | SGBSEP28VI | ₹5,117 | Sep-28 | 33.15% | 8.17% |
| 2020-21 | Series V | SGBAUG28V | ₹5,334 | Aug-28 | 27.73% | 7.71% |
| 2020-21 | Series IV | SGBJUL28IV | ₹4,852 | Jul-28 | 40.42% | 8.77% |
| 2020-21 | Series III | SGBJUN28 | ₹4,677 | Jun-28 | 45.67% | 9.19% |
| 2020-21 | Series II | SGBMAY28 | ₹4,590 | May-28 | 48.43% | 9.41% |
| 2020-21 | Series I | SGBAPR28I | ₹4,639 | Apr-28 | 46.87% | 9.29% |
SGB Issued in 2019-20
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2019-20 | Series X | SGBMAR28X | ₹4,260 | Mar-28 | 59.93% | 10.28% |
| 2019-20 | Series IX | SGBFEB28IX | ₹4,070 | Feb-28 | 67.40% | 10.82% |
| 2019-20 | Series VIII | SGBJ28VIII | ₹4,016 | Jan-28 | 69.65% | 10.97% |
| 2019-20 | Series VII | SGBDC27VII | ₹3,795 | Dec-27 | 79.53% | 11.65% |
| 2019-20 | Series VI | SGBOCT27VI | ₹3,835 | Oct-27 | 77.66% | 11.52% |
| 2019-20 | Series V | SGBOCT27 | ₹3,788 | Oct-27 | 79.86% | 11.67% |
| 2019-20 | Series IV | SGBSEP27 | ₹3,890 | Sep-27 | 75.14% | 11.35% |
| 2019-20 | Series III | SGBAUG27 | ₹3,499 | Aug-27 | 94.72% | 12.63% |
| 2019-20 | Series II | SGBJUL27 | ₹3,443 | Jul-27 | 97.88% | 12.83% |
| 2019-20 | Series I | SGBJUN27 | ₹3,196 | Jun-27 | 113.18% | 13.75% |
SGB Issued in 2018-19
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2018-19 | Series VI | SGBFEB27 | ₹3,326 | Feb-27 | 104.84% | 13.25% |
| 2018-19 | Series V | SGBJAN27 | ₹3,214 | Jan-27 | 111.98% | 13.68% |
| 2018-19 | Series IV | SGBDEC26 | ₹3,119 | Jan-27 | 118.44% | 14.05% |
| 2018-19 | Series III | SGBNOV26 | ₹3,183 | Nov-26 | 114.05% | 13.80% |
| 2018-19 | Series II | SGBOCT26 | ₹3,146 | Oct-26 | 116.56% | 13.94% |
| 2018-19 | Series I | SGBMAY26 | ₹3,114 | May-26 | 118.79% | 14.07% |
SGB Issued in 2017-18
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2017-18 | Series XIV | SGBJAN26 | ₹2,881 | Jan-26 | 136.48% | 15.05% |
| 2017-18 | Series XIII | SGBDEC2513 | ₹2,866 | Dec-25 | 137.72% | 15.11% |
| 2017-18 | Series XII | SGBDEC2512 | ₹2,890 | Dec-25 | 135.75% | 15.01% |
| 2017-18 | Series XI | SGBDEC25XI | ₹2,952 | Dec-25 | 130.80% | 14.74% |
| 2017-18 | Series X | SGBDEC25 | ₹2,961 | Dec-25 | 130.09% | 14.70% |
| 2017-18 | Series IX | SGBNOV25IX | ₹2,964 | Nov-25 | 129.86% | 14.69% |
| 2017-18 | Series VIII | SGBNOV258 | ₹2,961 | Nov-25 | 130.09% | 14.70% |
| 2017-18 | Series VII | SGBNOV25 | ₹2,934 | Nov-25 | 132.21% | 14.82% |
| 2017-18 | Series VI | SGBNOV25VI | ₹2,945 | Nov-25 | 131.34% | 14.77% |
| 2017-18 | Series V | SGBOCT25V | ₹2,971 | Oct-25 | 129.32% | 14.66% |
| 2017-18 | Series IV | SGBOCT25IV | ₹2,987 | Oct-25 | 128.09% | 14.59% |
| 2017-18 | Series III | SGBOCT25 | ₹2,956 | Oct-25 | 130.48% | 14.72% |
| 2017-18 | Series II | SGBJUL25 | ₹2,830 | Jul-25 | 140.75% | 15.27% |
| 2017-18 | Series I | SGBMAY25 | ₹2,951 | May-25 | 130.87% | 14.74% |
SGB Issued in 2015-17
| SGB Year | Series | NSE Ticker | Price/gm | Maturity | Return | XIRR |
|---|---|---|---|---|---|---|
| 2016-17 | Series IV | SGBMAR25 | ₹2,943 | Mar-25 | 131.50% | 14.78% |
| 2016-17 | Series III | SGBNOV24 | ₹3,007 | Nov-24 | 159% (article link) | 14.41% |
| 2016-17 | Series II | SGBSEP24 | ₹3,150 | Sep-24 | 139% (article link) | 13.40% |
| 2016-17 | Series I | SGBAUG24 | ₹3,119 | Aug-24 | 122% (article link) | 12.38% |
| 2016 | Series II | SGBMAR24 | ₹2,916 | Mar-24 | 126% (article link) | 12.18% |
| 2016 | Series I | SGBFEB24 | ₹2,600 | Feb-24 | 141% (article link) | 13.03% |
| 2015 | Series I | SGBNOV23 | ₹2,684 | Nov-23 | 128% (article link) | 12.28% |
Should you buy any SGB from the stock market?
Now that no new SGB is available for purchase in the market, this article shows you if there are any that are trading at a discount in the stock market: Which SGB series should you buy based on the highest discount?
Related Articles
- SGB return vs issue price: what returns do you expect to get from SGB?
- Sovereign Gold Bond (SGB) 2023-24 (Series III) priced at 6199: Who Should Invest?
- Sovereign Gold Bond (SGB) 2023-24 (Series II) priced at 5923: Who Should Invest?
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This post titled Sovereign Gold Bond (SGB): complete issue price history in India first appeared on 28 Jun 2023 at https://arthgyaan.com
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