Premature Redemption Price for Sovereign Gold Bond 2018-19 Series VI
Official title
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series VI due on August 12, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India sets the redemption price for the Sovereign Gold Bond 2018-19 Series VI. The premature redemption date is August 12, 2026. The redemption price is 15,102 Rupees per unit. This price follows 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 07, August 10, and August 11, 2026.
- Who is affected
- Holders of Sovereign Gold Bond 2018-19 Series VI
- Required action
- Investors may redeem their Sovereign Gold Bonds on the scheduled date of August 12, 2026.
- Key dates
- Date of premature redemption — 11 Aug 2026
- Thresholds
- The redemption price is 15,102 Rupees per unit of SGB.
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 10 Aug 2026
- Document number
- 2026-2027/865
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 11, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series VI due on August 12, 2026
In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, (SGB 2018-19 Series-VI-Issue date February 12, 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 12, 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 12, 2026, shall be ₹15,102/- (Rupees Fifteen Thousand One Hundred and Two Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., August 07, August 10, and August 11, 2026.
Ajit Prasad Press Release: 2026-2027/865 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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