SGB Returns: 225% Gain & Next Redemption Date
- Investors in Sovereign Gold Bonds (SGB) 2017-18 Series X saw important gains, realizing ₹6,669 per gram—a 225% increase—through premature redemption.
- The window for premature redemption spanned from May 5 to May 26, allowing investors to submit requests via receiving offices, NSDL, CDSL, or RBI Retail Direct.The government had...
- Premature redemption is permitted after the fifth year from the issue date, coinciding with an interest payment date.
Sovereign Gold Bond (SGB) investors scored big! Those who redeemed the 2017-18 Series X early pocketed a 225% profit, translating too a ₹6,669 per gram gain. Issued at ₹2,961 per gram in 2017, these bonds highlight the potential of strategic, long-term investment, with premature redemption offering a pathway to tax-free capital gains and boosted liquidity. The redemption price hit ₹9,630 per gram. Note that the next premature redemption date is June 11 for Series XI and 2019-20 Series I, so act fast. If you hold either of these, consider the advantages. News Directory 3 provides expert detail for financial news and planning. Now,what investment moves are you considering?
sovereign Gold Bonds Deliver Stellar Returns on early Redemption
Updated June 09, 2025
Investors in Sovereign Gold Bonds (SGB) 2017-18 Series X saw important gains, realizing ₹6,669 per gram—a 225% increase—through premature redemption. These bonds, initially issued Dec.4, 2017, at ₹2,961 per gram, offered an attractive opportunity for early exit.
The window for premature redemption spanned from May 5 to May 26, allowing investors to submit requests via receiving offices, NSDL, CDSL, or RBI Retail Direct.The government had announced the issuance of this series oct. 6, 2017.
Premature redemption is permitted after the fifth year from the issue date, coinciding with an interest payment date. The SGB redemption price is determined by averaging the closing gold price (999 purity) from the three business days before redemption,as published by the India Bullion and Jewellers Association (IBJA).
In this instance, the redemption price was ₹9,630 per gram, calculated from the average closing gold prices of May 30, June 2, and June 3, 2025. The subsequent premature redemption date is set for June 11, covering SGB 2017-18 Series XI and SGB 2019-20 Series I.Investors had the opportunity to request premature redemption for these series between May 9 and June 2.
SGB premature redemption provides a strategic exit, enabling investors to secure tax-free capital gains, access funds before the full eight-year term, or adjust their asset allocation. It effectively combines the security of government bonds,exposure to gold,and tax advantages,making it a compelling investment option.
What’s next
Investors holding SGB 2017-18 Series XI and SGB 2019-20 Series I should monitor gold prices and consider the June 11 redemption date if they seek early liquidity or wish to rebalance their portfolios.