RBI Opens Premature Redemption for SGB 2020–21 Series-I; Returns at 166%
The RBI has opened an early exit window for the Sovereign Gold Bond (SGB) 2020–21 Series-I, setting the redemption price at ₹12,198 per gram. Investors who bought this tranche five years ago now have the option to redeem early and can realise an around 166% gain over the issue price, excluding interest. RBI: What the…