205% return on Sovereign Gold Bonds: RBI announces redemption price of this SGB

Reserve Bank of India has declared the premature redemption price for Sovereign Gold Bonds 2018-19 Series-V. The redemption will occur on July 22, 2025. These bonds were initially issued at Rs 3214 per gram in January 2019. Sovereign Gold Bonds offer a fixed interest rate of 2.50% per annum.

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