SGB 2021-22 Series VI: RBI fixes Rs.15,334 redemption price, Rs.1 lakh investment gains over 227% in 5 years
New Delhi, Sept. 5 -- Investors who bought Sovereign Gold Bonds (SGBs) 2021-22 Series VI are set to get an opportunity to exit their investment at a significantly higher value than the original issue price. The Reserve Bank of India (RBI) has fixed the premature redemption price for the series at Rs.15,334 per unit, with the redemption date falling on 7 September 2026.
The SGB 2021-22 Series VI was issued on 7 September 2021. Investors who purchased the bonds online and paid digitally received a Rs.50 discount and paid Rs.4,682 per gram, while the issue price for other investors was Rs.4,732 per gram.
At Rs.15,334, the redemption value is more than three times the discounted online issue price.
For an investor who bought the bonds onli...
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