Sovereign Gold Bond 2017-18 series VI yields over 220% return in 7.5 years; RBI fixes premature redemption price at Rs 9,453 per gram on May 6 – Times of India
Investors holding the Sovereign Gold Bond (SGB) 2017-18 Series VI, issued on November 6, 2017, will be eligible for premature redemption on May 6, 2025, at a price of Rs 9,453 per gram, as notified by the Reserve Bank of India. This marks a gain of around 221% on the original issue price of Rs…