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The Economic Times

Sneha Kulkarni

SGB premature redemption exit date: This gold bond has turned Rs 1 lakh investment into Rs 4.18 lakh

SGB Gold RBI the Reserve Bank of India Bonds

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond SGB 2019-20 Series-II-Issue date July 16, 2019. According to a statement from the central bank, investors will have the option to redeem this SGB tranche prematurely from July 16, 2026.

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

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