Revise monthly events by exam family instead of reading random updates.
GK and monthly revision
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-IV due on July 14, 2026
The RBI has announced that premature redemption of the Sovereign Gold Bond (SGB) 2020-21 Series-IV can occur on July 14, 2026, after five years from its issue date of July 14, 2020. The redemption price is set at ₹14,307 per unit, based on the average closing price of gold over the three business days preceding the redemption date. This information is crucial for investors and reflects the government's ongoing efforts to manage gold investments through the SGB scheme.
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