The Government of India has announced issuance of the Sovereign Gold Bond Scheme 2019-20 Series in tranches starting from tranche series V to tranche series X every tranche which will be indicated on the Bond issued to the investor.
Calendar of Issuance is as under:
| S. No. | Tranche | Date of Subscription | Date of Issuance |
| 1 | 2019-20 Series V | Oct. 07-11, 2019 | October 15, 2019 |
| 2 | 2019-20 Series VI | Oct. 21-25, 2019 | October 30, 2019 |
| 3 | 2019-20 Series VII | Dec 02–06, 2019 | Dec. 10, 2019 |
| 4 | 2019-20 Series VIII | Jan. 13-17, 2020 | January 21, 2020 |
| 5 | 2019-20 Series IX | Feb 03-07, 2020 | Feb 11, 2020 |
| 6 | 2019-20 Series X | March 02-06, 2020 | March 11, 2020 |
As per RBI notification dated October 3, 2019, the Government of India (GoI) may, with prior notice, close the Scheme before the specified period.
SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. The Bond is issued by Reserve Bank on behalf of Government of India. For full details of the scheme which is more advantageous compared to the physical gold, read more from the following article;
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