Sovereign Gold Bond 2020-21 Series-VIII: RBI Fixes Rs 12,476 Redemption Price, Investors Set for 141% Return

Overview

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series-VIII, offering investors an exit option on November 18, 2025. The redemption price is set at Rs 12,476 per unit, representing an impressive return of approximately 141% from its issue price of Rs 5,177 per gram. This marks the first opportunity for early redemption, available after the fifth year from the issue date.