RBI Allows Early Exit for Sovereign Gold Bond (SGB) 2020-21 Series-VII Investors!
The Reserve Bank of India (RBI) has announced premature redemption for the SGB 2020-21 Series-VII, originally issued on 20 October 2020.
Redemption Date: 20 October 2025
(that’s the 5th year from the issue date — eligible for early exit)
Performance Snapshot:
The bonds have given an astonishing 153% return in just 5 years — excluding the fixed 2.5% annual interest!
Investors who bought at around â‚ą5,051 per gram in 2020 now stand to get approx. â‚ą12,800+ per gram (based on recent gold prices).
Redemption Price Calculation:
-Based on the average closing gold price of the last 3 business days before the redemption date.
-Prices published by India Bullion and Jewellers Association (IBJA).
Why it matters:
âś… Provides liquidity and flexibility to long-term gold investors.
âś… Tax-efficient alternative to physical gold.
âś… Reflects strong performance of SGBs as a safe investment backed by the Government of India.
In short: Investors in this SGB batch can cash out on 20 Oct 2025 — enjoying over 150% profit + yearly interest — truly a golden opportunity to shine!
#RBI #SGB #SovereignGoldBond #GoldInvestment #FinancialFreedom #SafeInvesting
Sudheendra Kumar ( Mobile /WhatsApp: 91-9820088394)
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