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Premature Redemption Of Sovereign Gold Bonds Series V-Issue 2019 Due Today

  • The Reserve Bank of India has announced the premature redemption of the Sovereign Gold Bond 2019-20 Series V, due on April 15, 2025.
  • Investors can redeem the bonds earlier than the original maturity date, providing liquidity.
  • The redemption price is set at Rs 9,069 per unit, based on the average closing gold prices of 999 purity over the previous three business days.
  • This early redemption option aligns with the interest payment date, giving investors flexibility in managing their investments.

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