This particular tranche was issued on December 4, 2017, at a price of ₹2,961 per gram.
That means investors earned a return of over 225% in less than eight years, excluding the annual interest of 2.5% offered on the bond’s face value.
What should investors do now?
Those who missed the June 4 redemption window will need to wait for the next opportunity. As per RBI rules, premature redemption is allowed only after the fifth year and only on interest payment dates — which occur semi-annually.
The next redemption opportunity for this tranche will fall on the next scheduled interest payout date.
Investors can also hold the bond till maturity — which for this tranche is December 4, 2025 — to receive the full value along with the final interest payment.
SGBs are credited and redeemed through the demat account or registered bank account linked to the investor’s bond holdings.
No physical submission is needed if the investor’s bank details and PAN are correctly updated with the RBI or agent bank.
It must be noted that the government in Union Budget 2025 discontinued fresh issuances of the Sovereign Gold Bond scheme.
However, existing bonds remain active and will be redeemed on schedule or on eligible early redemption dates.
