SGB early redemption: Get 205% return on these Sovereign Gold Bonds; RBI announces premature redemption price

The Reserve Bank of India has announced the early redemption value for Sovereign Gold Bonds 2018-19 Series-V at Rs 9,820 per unit, applicable on July 22, 2025, after a five-year holding period. Launched in January 2019 at Rs 3,214 per gram, these bonds offer a 2.50% annual interest and provide a substantial return.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/liXOHuE