Anyone knows how SGRb work ?
Are they available in zerodha
Yes, they are available in zerodha under ‘BIDS’ section.
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You can learn all about SGrBs here: Everything you need to know about Sovereign Green Bonds
Currently, there are new upcoming issues, however, you can invest in already issued bonds on Kite in the secondary market.
You can keep track of upcoming issues here.
I looked at these . They barely give 6.35% returns and taxable ! I would have expected that considering their nature and support as investors we give to the government they are at least supposed to be tax free. As investors we support government initiative to green investments but govt still wants to loot us in taxes even in these bonds . They are not good prospect against G-SEC.
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Whats the code for existing bonds
Lol … your expectations are not matching with govts. expectations 
Govt started issuing green bonds so that they can get relatively cheaper debt which can be used for financing Green / sustainable project.
This are not intended to attract retail investors but mainly Institutions.
Globally lot of institutions have created mandate that a certain portion of their investment should go to Sustainable projects. And Green bonds are designed to attract this investments at better rates then normal Gsec.
Frankly, unless one feels strongly about Sustainability, there is no real reason for a retailer to invest in this product.
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Thanks for the note that they are designed for institutions . I was not aware of this one.
It frustrates me a bit that it’s not at least tax free. 
@Akash_Shah Any alternative fund similar to SGB ? now i invested heavily in SGB but now govt planning not to release any more SGB ,i want to diversify my liquid funds , kindly let me know .
If you want gold linked, gold ETF seems to be the best option.
If you want pure liquidity with 6-7% returns, LIQUIDCASE is the best option. LIQUIDBEES also exists but I don’t like the dividend payout headaches
SGB are still around, primary issues have stopped, but you can still buy it in secondary market. You will pay a slight premium, but if you are already in love with it, that would be small price to pay
Word of caution, SGB are not really a liquid product. With rally in gold price, and everyone talking about, there is suddenly too much interest in it. But finally it is a commodity linked product and not a fixed income.
If global gold prices were to crash due to any reason, SGB might not be as rosy as it is looking today.
Well if it was indeed tax free, yield on it would be further lower
Frankly, with current govt attitude, I doubt anything will remain tax free.
secondary market i am still buying .
liquid in the sense for collateral its a cash component so thats where i got the double edge , where my underlying cash component grew 15% YOY plus it gave me 100% cash component .
if i see any other cash component max i get 5-6% that it . I am searching for something similar to SGB , where i can put as collateral and trade in options as my cash collateral current requirement going beyond 12 lakhs so i need the underlying component to have good return
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