RBI09 Aug 2026press-releasePrepared by Complied AI

Premature redemption under Sovereign Gold Bond Scheme - Redemption Price for SGB 2019-20 Series IX and SGB 2020-21 Series V

Official title

Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series IX and SGB 2020-21 Series V due on August 11, 2026

AI-prepared change brief

Check the official record

What changed

The Reserve Bank of India has announced the redemption price for the premature redemption of Sovereign Gold Bond (SGB) 2019-20 Series IX and SGB 2020-21 Series V, which is due on August 11, 2026. The redemption price is set at ₹14,957 per unit. This price is calculated based on the simple average of the closing price of gold of 999 purity for the three business days preceding the redemption date, specifically August 6, August 7, and August 10, 2026, as published by the India Bullion and Jewellers Association Ltd.

Who is affected
  • Holders of Sovereign Gold Bond 2019-20 Series IX and SGB 2020-21 Series V.
Key dates
  • Due date for premature redemption — 10 Aug 2026
Thresholds
  • The redemption price for premature redemption is ₹14,957 per unit of SGB.

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source
Reserve Bank of India
Type
press-release
Published by source
09 Aug 2026
Document number
2026-2027/854
Issuing division
Department of Communication
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

Verify official record

August 10, 2026 Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series IX and SGB 2020-21 Series V due on August 11, 2026

In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series IX-Issue date February 11, 2020) and in terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-V- Issue date August 11, 2020) 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 tranches shall be on August 11, 2026.

  1. 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 11, 2026, shall be ₹14,957/- (Rupees Fourteen Thousand Nine Hundred and Fifty Seven only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., August 06, August 07, and August 10, 2026.

Ajit Prasad Press Release: 2026-2027/854 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

Research the source law

Find the provision behind this update.

No high-confidence provision match was found. Browse the law library, choose the affected provision and ask against the exact statutory text.

Browse source laws