Sovereign Gold Bond: SGB 2016-17 Series III value increases 160% in 8 yrs, RBI announces final redemption price and date

Investors of the SGB 2016-17 Series III scheme can redeem their bonds at a 159% higher value in November, receiving ₹7,788 per unit. The bonds, issued at ₹3,007 per gram, provide interest at 2.50% per annum, payable along with principal at maturity.