Sovereign Gold Bond premature redemption price: Withdraw this SGB series at 158% higher than issue price

Sovereign Gold Bond: The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB) for Series X of SGB 2017-18. The tenure of gold bonds is 8 years and premature redemption of SGBs is permitted only after the fifth year from the date of issue.