SGB 2017-18 Series XI: Gold Bond Hits Rs 12,801 Payout

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SGB 2017-18 Series XI: Gold Bond Hits Rs 12,801 Payout

The RBI has announced that the redemption price for the SGB 2017-18 Series XI will be a dazzling Rs 12,801 per gram starting December 11. Investors are celebrating a fantastic 341% return since the bond's initial price of Rs 2,952. Plus, the 2019-20 Series I offers the same deal with an early exit after five years. Remember, no storage costs and tax benefits at maturity make these bonds a golden choice!

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