183% return on SGBs: RBI announces premature redemption price and date for this sovereign gold bond series; check details

The Reserve Bank of India has announced the premature redemption price for the Sovereign Gold Bond 2019-20 Series-IV. This tranche, issued at Rs 3,890 per gram, offers an approximate 183% return, excluding interest. Investors can redeem after five years from the issue date, receiving interest payments semi-annually.