RBI sets redemption price for Sovereign Gold Bond, investors see 318% gains

The Reserve Bank of India has fixed the early redemption rate at ₹14,199 per unit for the 2019-20 Series II Sovereign Gold Bond, with the payout scheduled for Thursday. When initially launched, the bonds were priced at ₹3,393 per gram for digital investors and ₹3,443 per gram for those purchasing offline. Consequently, participants in this series are set to earn returns reaching as high as 318.5%.

by shortkt.com
3 hours ago
RBI sets redemption price for Sovereign Gold Bond, investors see 318% gains | ShortKT