250% return for SGB investors: RBI issues final redemption price for maturity of Sovereign Gold Bonds 2017-18 Series II

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The Reserve Bank of India has announced the final redemption price for Sovereign Gold Bond 2017-18 Series-II, which matures on July 28, 2025, at Rs 9,924 per gram. Investors earned a substantial 250.67% return over eight years, excluding the additional 2.5% annual interest. The government will decide on future SGB issuances based on market conditions and borrowing costs.