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The Economic Times
The Economic Times
Sneha Kulkarni

235% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.35 lakh

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

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond SGB 2021-22 Series-I-Issue date May 25, 2021. According to a statement from the Central Bank, investors will have the option to redeem this SGB tranche prematurely from May 25, 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 the date on which interest is payable, as per a Reserve Bank of India (RBI) statement.

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The Economic Times
The Economic Times
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