New Delhi, Dec. 4 -- Investors of Sovereign Gold Bonds (SGB) 2017-18 Series-X stand to earn over 41.6% annualised return as the Reserve Bank of India (RBI) has announced the final date of redemption to be 4 December 2025.

The gold bond (2017-18 series) is repayable on the expiration of eight years from the date of issue of the gold bonds. Accordingly, the final redemption date of the above tranche was decided to be 4 December 2025, the RBI announced.

The price is fixed at Rs.12,820 a unit, 332.96% higher than the issue price of Rs.2,964. This means the bonds are delivering an annualised return of 41.6% a year. This excludes the 2.5% annual interest income earned during the holding period.

Interest is paid at a rate of 2.5% semiannually...