SGB & RBI BONDS
Sovereign Gold Bonds (SGB)
SGBs are government securities denominated in grams of gold
They are substitutes for holding physical gold
Investors can purchase SGBs in their demat accounts
On Maturity, payment is made to the linked bank account
They are issued in Tranches by Govt of India
Price is fixed by GOI for each tranche during subscription period
Send us an email at SGB@w-aves.com with your Demat account and Linked Bank Account details to apply for SGBs
RBI Floating Rate Bonds 2020 (TAXABLE)
Interest Rates are fixed every 6 months by RBI
These bonds have a lock-in period of 7 years
Minimum investment is 1 bond or ₹ 1,000
Rate of Interest offered presently is 7.15%
Send us an email at bonds@w-aves.com for further details