[ad_1] The Reserve Bank of India (RBI) announced the redemption price for sovereign gold bond (SGB) Series I of 2016-17 due on August 5, 2024, on Friday, August 2. The redemption price for the SGBs maturing on August 5, 2024, has been set at ₹6,938 per unit, which is a profit of ₹3,819 per unit […]
Investors set to receive 12% returns on Sovereign Gold Bonds maturing on August 5, 2024 – CNBC TV18
[ad_1] The next tranche of Sovereign Gold Bond (SGB) scheme is set for redemption on August 5, 2024. These bonds, launched on August 5, 2016, have an eight-year holding period. Purchased at ₹3,119 per gram, they offer substantial returns to investors. Out of the 2.6 tons initially bought, 225.322 kg were redeemed after five years, leaving […]