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Brief
The Reserve Bank of India (RBI) has announced the redemption price for premature redemption of Sovereign Gold Bond (SGB) 2018-19 Series VI, due on February 12, 2025. The redemption price is set at ₹8,528 per unit, based on the simple average closing price of gold (999 purity) over the previous three business days. Investors who have held the bond for at least five years can opt for early redemption.
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