Sovereign Gold Bond Investors Eye 216% Returns on Early Redemption

• Sovereign Gold Bond (SGB) 2020–21 Series-XI investors can redeem early with approximately 216% capital gains.
• Early redemption price set at ₹15,374 per unit, based on IBJA's 999-purity gold closing prices.
• Bonds were issued on February 9, 2021, at ₹4,862 per unit, maturing on February 9, 2026.
• Premature redemption is allowed after five years from issue date, on interest payment dates.
• Proposed budget changes suggest capital gains tax exemption only for original subscribers holding until maturity.