Sovereign Gold Bond: Final redemption of SGB 2016-17 Series IV; investors to make 193% profit at maturity; check details
The Reserve Bank of India (RBI) has announced the final redemption rate of Sovereign Gold Bond (SGB) 2016-17 Series IV, which is due today, March 17, 2025. It was issued in March 2017. The SGB is repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final…