The Reserve Bank of India (RBI) has announced early redemption for Sovereign Gold Bond (SGB) 2018-19 Series-III. The early redemption will be allowed on November 13, 2025, i.e, today at a redemption price of Rs 12,350 per gram. Investors are set to receive about 288%. of absolute return in over seven years.

As per the Government of India’s notification dated October 8, 2018, investors are allowed to go for premature redemption after completing five years from the date of issue — but only on interest payment dates. Since this particular series was issued on November 13, 2018, the upcoming redemption date marks one of the scheduled early exit opportunities.

The redemption price has been fixed based on the simple average of gold prices (999 purity) published by the India Bullion and Jewelle

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