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The Reserve Bank of India (RBI) has announced the final redemption of Sovereign Gold Bonds (SGBs) under the 2017-18 Series-VI, issued on November 6, 2017.
The redemption has been permitted today, November 6, 2025, and the price has been fixed at Rs 12,066 per unit, which is a 316.78% gain over the issue price of Rs 2,895. This does not include the 2.5% annual interest income earned during the holding period.
There was also a discount of Rs 50 on online payment at the time of the SGB issuance. The gain will be 324.11% based on the issue price of Rs 2,845 after the discount.
“In terms of GOI Notification F. No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-VI-Issue date November 06, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable

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