Sovereign gold bonds redemption: RBI sets Rs 10,070 as premature redemption price for two SGB series, investors gain up to 147% returns
Sovereign gold bonds redemption: RBI sets Rs 10,070 as premature redemption price for two SGB series, investors gain up to 147% returns
RBI allows premature redemption of SGB 2019-20 Series-IX and 2020-21 Series-V on August 11, 2025, at Rs 10,070 per unit. Investors in the 2019 series can expect a 147% gain, while the 2020 series offers an 89% return, excluding 2.5% annual interest. Redemption price is based on the average gold price from August 6-8.
RBI allows premature redemption of SGB 2019-20 Series-IX and 2020-21 Series-V on August 11, 2025, at Rs 10,070 per unit. Investors in the 2019 series can expect a 147% gain, while the 2020 series offers an 89% return, excluding 2.5% annual interest. Redemption price is based on the average gold price from August 6-8.