‘Complex, expensive’: Further tranches of sovereign gold bonds unlikely
Further tranches of sovereign gold bonds are unlikely, said sources to Business Today TV. SGBs are government securities denominated in grams of gold and are substitutes for physical gold. According to sources, “SGB is a complex and expensive instrument”. SGBs are issued by the Reserve Bank of India (RBI) on behalf of the Indian government. … ‘Complex, expensive’: Further tranches of sovereign gold bonds unlikely



























