The Reserve Bank of India (RBI) has announced the final redemption of Sovereign Gold Bonds (SGBs) under the 2017-18 Series-X, issued on December 4, 2017.

The redemption has been permitted today, December 4, 2025, and the price has been fixed at Rs 12,820 per unit, which is a 332.96% gain over the issue price of Rs 2,961. 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 340.39% based on the issue price of Rs 2,911 after the discount.

“In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-X-Issue date December 04, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight

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