Tue, Aug 20, 2024
Top Gold ETF vs Top SGB Bond: Gold ETFs have gold as the underlying asset. To understand how gold ETFs work- 0.5 gramme of 24 carat gold comprises 1 unit of gold ETF and can be traded at the ongoing market price of gold (in its physical forms). SGBs are government securities, substitutes for holding physical gold, denominated in grammes of gold.
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Thu, Jul 06, 2017
Tenor of this bond will be for a period of 8 years with an exit option from 5th year to be exercised on the interest payment dates.
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