SGB 2017-18 Series delivers 316% return on maturity: RBI announces final redemption price and date for Sovereign Gold Bonds
The Reserve Bank of India has set the final redemption price for Sovereign Gold Bonds 2017-18 Series VI. These bonds mature on November 6, 2025. Investors will receive Rs 12,066 per unit. This represents a significant return on the initial investment. The SGB scheme offers a fixed annual interest of 2.50%.
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