Sovereign Gold Bond 2017-18 series VI yields over 220% return in 7.5 years; RBI fixes premature redemption price
Sovereign Gold Bond 2017-18 Series VI investors can redeem their bonds prematurely on May 6, 2025, at Rs 9,453 per gram, a significant increase from the original price of Rs 2,945. Launched in 2015, the SGB scheme offers a financial alternative to physical gold, providing a fixed interest rate and tax-free capital gains on redemption for individuals.
Sovereign Gold Bond 2017-18 Series VI investors can redeem their bonds prematurely on May 6, 2025, at Rs 9,453 per gram, a significant increase from the original price of Rs 2,945. Launched in 2015, the SGB scheme offers a financial alternative to physical gold, providing a fixed interest rate and tax-free capital gains on redemption for individuals.
