We have. Or are having. The freely bestowed (ver. 6) is thus illustrated by experience. The divine purpose is being accomplished in the lives of believers.

Redemption [τ η ν α π ο λ υ τ ρ ω σ ι ν]. See on Romans 3:24. Note the article : our redemption.

Through His blood. Further defining and explaining in whom.

Forgiveness [α φ ε σ ι ν]. See on Luke 3:3; James 5:15; Romans 3:25. Forgiveness specifies the peculiar quality of redemption.

Sins [π α ρ α π τ ω μ α τ ω ν]. Rev., better, trespasses. See on Matthew 6:14. Riches. See on glory, ver. 6, and Romans 2:4.

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Old Testament