Premature Redemption Price for Sovereign Gold Bond 2020-21 Series-XI
Official title
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-XI due on August 07, 2026 (August 08 and August 09 being holiday)
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Check the official recordWhat changed
The Reserve Bank of India has announced the redemption price for the premature redemption of Sovereign Gold Bond (SGB) 2020-21 Series-XI, scheduled for August 07, 2026. Under the Government of India notification dated October 09, 2020, premature redemption is permitted after the fifth year from the date of issue on interest payment dates. The redemption price is set at ₹14,564 per unit, determined by the simple average of the closing price of gold of 999 purity for the three business days preceding the redemption date, specifically August 04, August 05, and August 06, 2026.
- Who is affected
- Holders of Sovereign Gold Bond 2020-21 Series-XI
- Required action
- The redemption price for the premature redemption of SGB 2020-21 Series-XI is fixed at ₹14,564 per unit.
- Key dates
- Due date for premature redemption — 06 Aug 2026
- Thresholds
- Premature redemption is permitted after the fifth year from the date of issue on the date on which interest is payable.
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 05 Aug 2026
- Document number
- 2026-2027/829
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 06, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-XI due on August 07, 2026 (August 08 and August 09 being holiday)
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-XI-Issue date February 09, 2021) 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 07, 2026 (August 08 and August 09 being holiday).
- 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 07, 2026 (August 08 and August 09 being holiday) shall be ₹14,564/- (Rupees Fourteen Thousand Five Hundred and Sixty Four Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., August 04, August 05, and August 06, 2026.
Ajit Prasad Press Release: 2026-2027/829 Deputy General Manager (Communications)
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह 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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