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RBI sets SGB 2018-19 Series II final redemption price at ₹14,425
RBI sets SGB 2018-19 Series II final redemption price at ₹14,425 per gram.
The Reserve Bank of India fixed the final redemption price for Sovereign Gold Bonds 2018-19 Series II at ₹14,425 per gram on October 23, 2026. This price was based on the India Bullion and Jewellers Association Ltd average closing prices from October 19, 21, and 22. Online subscribers who paid ₹3,096 per gram in 2018 earn capital gains of 366%, while offline subscribers who paid ₹3,146 earn 359%.
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RBI sets SGB 2018-19 Series II final redemption price at ₹14,425
The Reserve Bank of India has set the final redemption price for the SGB 2018-19 Series II at ₹14,425 per gram. The bonds reached their eight-year maturity on October 23, 2026. Investors who held the bonds from the original issue price can realize capital gains of up to 366%, excluding taxes and interest. This redemption marks the end of the tenure for this specific series.