Gold bond investors earn 361% return on early redemption

RBI announced a premature redemption price of ₹15,102 for Sovereign Gold Bond 2018-19 Series-VI, issued on February 12, 2019. Investors who bought the bonds online at the discounted issue price of ₹3,276 per gram earned a return of about 361%. An investment of ₹1 lakh at the time of issue would now be worth about ₹4.61 lakh, excluding interest earned.