5 factors to consider while investing in Series X Sovereign Gold Bonds The Series X Sovereign Gold Bond (SGB) Scheme 2019-20 is open for investors to subscribe. For investors keen on Gold investments, the SGB schemes offer sovereign promise, liquidity and other benefits. The window of investment is open from March 02 – March 06, 2020. The certificate of Bonds will be issued on 11th March 2020. In a nutshell: SGB Advantages • Risks and costs of storage are eliminated. • No issues related to making charges, melting charges, wastage charges, purity compared to jewellery. • Held in the books of the RBI or in demat form eliminating risk of loss of scrip etc. • No STT or Capital Gains Tax (as per Government of India guidelines) • The bonds can be used as collateral for loans. Here are key factors, investors should know before subscribing to the Sovereign Gold Bond. #1 Understanding SGB as a Financial Product? Sovereign Gold Bonds are a financial product floated by the Government of India and the Reserve Bank of India. These bonds offer Sovereign guarantee hence there is no default risk.