SGBs - government securities denominated in grams of gold - offer an alternative to holding gold in physical form.
The bond is issued by RBI on behalf of government and investors can apply for the bonds at the price as disseminated by RBI.
In a circular BSE said, it has "received approval from the Reserve Bank of India (RBI) for acting as a receiving office for the Sovereign Gold Bond scheme".
The exchange plans to offer an online bidding platform for collecting bids from members and their clients for the SGB issue.
BSE said that mock bidding session in this regard would be conducted from today to test the system performance.
"The exchange shall communicate the go-live date of SGB bidding platform via separate circular," it said.
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