👨💼 By Prashant Marathe | EduInvesting.in | May 19, 2025
🧾 At a Glance:
Investors who subscribed to the Sovereign Gold Bond (SGB) 2017–18 Series VIII and want to exit early are in luck:
RBI has announced the premature redemption price at ₹9,282 per unit — payable on May 20, 2025, the next interest payout date.
If you bought the bond in November 2017, congrats — you survived multiple market crashes, a pandemic, and two different finance ministers. Time to cash out.
🟡 What’s the SGB Scheme Again?
For those who forgot (or never paid attention), the Sovereign Gold Bond Scheme is the RBI’s way of saying:
“Please don’t buy physical gold and stuff it in lockers — let us handle it, digitally and tax-efficiently.”
These bonds:
- Are issued by RBI on behalf of the Government of India
- Offer 2.5% annual interest (paid semi-annually)
- Are linked to the price of 999 purity gold (24K)
You could redeem
