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Premature Redemption

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RBI Sets SGB 2020-21 Series-I Premature Redemption Price at Rs 15,124 Per Unit
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Finance·28/04/2026Résumé IA

RBI Sets SGB 2020-21 Series-I Premature Redemption Price at Rs 15,124 Per Unit

The Reserve Bank of India has announced a premature redemption price of Rs 15,124 per unit for Sovereign Gold Bond SGB 2020-21 Series-I, redeemable from April 28, 2026. The bonds were issued at Rs 4,589 per gram (online) and Rs 4,639 per gram (offline) on April 28, 2020, offering investors a return of nearly 230% on their initial investment, excluding the 2.5% annual interest.

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