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The Economic Times
The Economic Times
Sneha Kulkarni

227% return on SGB premature redemption today: Gold bond turns Rs 1 lakh investment into Rs 3.27 lakh

Gold Bonds RBI Reserve Bank of India the Reserve Bank of India

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2021-22 Series-II-Issue date June 1, 2021. According to a statement from the Central Bank, investors will have the option to redeem this SGB tranche prematurely from Monday, June 1, 2026.

The premature redemption of the SGB series will be permitted after the fifth year from the date of issue of such gold bonds on a date on which interest is payable, as per the Reserve Bank of India (RBI) statement.

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The Economic Times
The Economic Times
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