how can I redeem premature Sovereign gold
and if it is possible then please let me know the process.
SGBs are trading in the secondary market on the exchange. You can sell them on Kite.
In which series did you buy units?
SGBOCT17-GB
I am not able to sell it
Looking at your orderbook, it looks like you’ve sold the unit at 4.11pm which is after market close. Please place your orders before 3.30pm, which is the time at which the equity market closes.
Sorry for that but I already try it before 3.30 , tomorrow I will try it again.
Ensure to sell it in CNC.
thanks I will try it
Can i buy it also ? Can i hold it for long term?
The only way to buy Gold bonds is by placing your bid when the allotment opens up for a new tranche. You cannot buy from the secondary market, it’s exaplained why here.