Sovereign Gold Bond 2018-19 Series-V has announced the price of premature redemption by Reserve Bank of India (RBI). This bond will be redeemed on 22 July 2025 i.e. today. The maturity of the sovereign gold bond is 8 years, but it can be redeemed ahead of time after completion of 5 years. This bond has given 205 percent return to investors. Let us know what are its redemption price, returns and other important information.
What is SGB 2018-19 Series-V redemption price?
On 22 July 2025, the price of Sovereign Gold Bond to be redeemed ahead of time has been fixed at Rs 9,820. This price has been charged on the basis of average closed price of gold on 17, 18 and 21 July 2025. According to the RBI’s press release of 21 July 2025, the last working day of the Sovereign Gold Bond has fixed the last working day of 999 purity at the average turnout of 17 July, 18 July and 21 July 2025. This price is published by India Bullion and Jewelers Association Limited (IBJA).
How much return will you get?
SGB 2018-19 Series-V was released in January 2019 at a price of Rs 3,214 per gram. If you capitalize on it now, then there will be a return of about 205 percent per unit. Because now the price of redemption was Rs 9,820 and the price at the time of release was Rs 3,214. There is a difference of Rs 6,606 between these two, which is about 205 in percentage.
How much does interest get interest on Sovereign Gold Bond?
Sovereign Gold Bonds gives investors a fixed interest rate of 2.50% per year on the initial investment amount. This interest is deposited in the investor’s bank account every six months. The last interest payment is made with the principal at the time of maturity.
What is Sovereign Gold Bond?
Sovereign Gold Bonds are special bonds issued by the Government of India, which are evaluated in the gram of gold. These are a safe option to keep physical gold. The investor has to pay the price of bonds in cash and it is redeemed in cash on maturity. This bond releases from the Reserve Bank of India on behalf of the Government of India.