Premature Redemption Price for Sovereign Gold Bond 2019-20 Series III
Official title
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series III due on August 14, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India announces the redemption price for the premature redemption of Sovereign Gold Bond 2019-20 Series III. The redemption price is 15,310 Rupees per unit. The authority calculates this price using the simple average of the closing price of gold of 999 purity for the three business days before the redemption date. These days are August 11, August 12, and August 13, 2026. The premature redemption occurs on August 14, 2026.
- Who is affected
- Holders of Sovereign Gold Bond 2019-20 Series III
- Key dates
- Due date for premature redemption — 13 Aug 2026
- Thresholds
- Redemption price of 15,310 Rupees per unit of SGB
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 12 Aug 2026
- Document number
- 2026-2027/885
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 13, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series III due on August 14, 2026
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.
- 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 Press Release: 2026-2027/885 Deputy General Manager (Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
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