The Economic Times

230% return on SGB premature redemption date: This gold bond has turned Rs 1 lakh investment into Rs 3.30 lakh

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond SGB 2020-21 Series-I. Investors can redeem these bonds from April 28, 2026. The redemption price is fixed at Rs 15,124 per unit. This offers investors a substantial return of nearly 230% on their initial investment, excluding interest.