The Economic Times

209% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 3.09 lakh

The Reserve Bank of India has announced the premature redemption price for the Sovereign Gold Bond 2020-21 Series I, permitting investors to redeem on October 28, 2026. The chosen redemption price stands at Rs 14,159 per unit, showcasing a notable return on investment.