RBI Announces Premature Redemption Price for Sovereign Gold Bonds 2020-21 Series-VIII
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.
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