Gold bond up for premature redemption today: Price nearly 4x higher than issue level
Investors in Sovereign Gold Bonds (SGB) 2019-20 Series V are set to realise gains of about ₹11,221 per unit on premature redemption due on Wednesday (April 15), based on the notified redemption price of ₹15,009. The tranche was issued on October 15, 2019, at ₹3,788 per unit, implying a return of nearly 296% over the…
