in5points
FinanceFinancial Express

198% growth for investors of gold bonds: Premature redemption price for this series of SGBs announced

in5points
  1. Investors in Sovereign Gold Bond SGB 2020-21 Series-IV can redeem at 198% return over 5 years.

  2. The premature redemption price for this series has been announced by the government.

  3. The bonds were issued in 2020-21 and have matured partially for early redemption.

  4. This return reflects the increase in gold prices over the holding period.

Financial Express

Center-right

Mixed factuality

Who owns this?

Viveck Goenka

Indian Express Group

Viveck Goenka

Wikipedia: Viveck Goenka