147% return on Sovereign Gold Bonds: RBI announces premature redemption price of these SGBs

Sovereign Gold Bonds: The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2019-20 Series-IX and SGB 2020-21 Series-V, which will be available on August 11, 2025. The redemption price is set at Rs 10,070 per unit, offering significant returns of approximately 147% and 89% respectively, excluding the 2.5% annual interest.