Sovereign gold bonds redemption: RBI sets Rs 10,070 as premature redemption price for two SGB series, investors gain up to 147% returns – Times of India
The Reserve Bank of India (RBI) has announced that investors in Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V can opt for premature redemption on August 11, 2025, at Rs 10,070 per unit.These government-backed bonds, with an eight-year tenure, allow early redemption only after the fifth year from the date of issue and exclusively…