The Economic Times

378% return on SGB premature redemption date: This gold bond has turned Rs 1 lakh investment into Rs 4.78 lakh

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2019-20 Series-I. Investors can redeem these bonds from June 11, 2026. The redemption price is fixed at Rs 15,038 per unit. This offers investors a significant return of approximately 378% on their initial investment.