Archive · 2 Jun 2025
Sovereign Gold Bond Series IX Investors Set for Big Returns
Imagine you invested in gold bonds a while ago.
These bonds are like a special way to own gold.
If you bought them in 2017, you can now sell them back early and make a lot of money!
The Reserve Bank of India (RBI) is buying them back at a high price, much higher than what you paid.
This early redemption is allowed after five years.
Plus, you also get a little bit of extra money every year.
It's like getting a bonus for holding onto your gold bonds!
Sovereign Gold Bond (SGB) 2017-18 Series IX investors will receive ₹9,560 per gram on premature redemption.
The original issue price was ₹2,964 per gram (₹2,914 for online applicants).
This represents a return of over 220% for most investors, and nearly 228% for online applicants.
Redemption price is based on a three-day average gold price from the India Bullion and Jewellers Association.
The government discontinued fresh issuances of this specific SGB scheme in Union Budget 2025.
- Who
- Investors in Sovereign Gold Bond (SGB) 2017-18 Series IX.
- What
- Premature redemption of the SGB 2017-18 Series IX at ₹9,560 per gram.
- When
- May 27, 2025 (for premature redemption)
- Where
- India
- Why
- Investors are set to gain from premature redemption of Sovereign Gold Bonds.
- Redemption Price
- ₹9,560 per gram
- Original Issue Price
- ₹2,964 per gram (₹2,914 for online)
- Absolute Return
- Over 220% (228% for online)
- Redemption Date
- May 27, 2025
- Fixed Interest
- 2.5% per annum
- Minimum Holding Period for Premature Redemption
- 5 years