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India sets redemption price for 2018-19 Sovereign Gold Bonds, offering investors a 205% return.
The Reserve Bank of India has set the premature redemption price for the Sovereign Gold Bonds 2018-19 Series-V at Rs 9,820 per unit on July 22, 2025, offering investors a return of around 205% on their initial investment.
These bonds can be redeemed early after five years and offer a fixed annual interest rate of 2.50%, paid semi-annually.
The redemption price is based on the average of the gold prices from the previous three business days.
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India establece el precio de redención para los bonos soberanos de oro 2018-19, ofreciendo a los inversores un retorno del 205%.