Sovereign Gold Bonds: Primary issues or secondary-market purchase?
Thu, May 2, 2024 8:41 AM

Sovereign Gold Bonds: Primary issues or secondary-market purchase?

A Flip by Shubhangi Gupta
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while there is a mathematical case to purchase SGBs from the secondary market, the actual benefit might be limited and vary on the discount available, residual period, the intrinsic value of bonds (when one considers the present value of future interest payouts among other things), brokerage costs, taxation, etc. So be careful when choosing between new or existing SGBs.

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