This Sovereign Gold Bond series gives 144% return on premature redemption; check issue price and other details

Sovereign Gold Bond premature redemption: The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after the fifth year from the date of their issue.