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Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series III due on August 14, 2026

Reserve Bank of India · 13 Aug 2026

Reproduced as issued. This is the text of the document as published by Reserve Bank of India, ingested automatically and not edited, summarised or interpreted. Refer to the original document for the authoritative text.
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In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series III - Issue date August 14, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on August 14, 2026.

2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on August 14, 2026 shall be ₹15,310/- (Rupees Fifteen Thousand Three Hundred and Ten Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., August 11, August 12, and August 13, 2026.

Ajit Prasad

Deputy General Manager

(Communications)

Press Release: 2026-2027/885

Primary source: Reserve Bank of IndiaView original document →

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