RBI press-release 2026-2027/1344 · 16 Oct 2026
Official title
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series VII due on October 19, 2026 (October 20, 2026, being a holiday)
Summary
Check the official recordThe Reserve Bank of India sets the redemption price for the premature redemption of Sovereign Gold Bond 2020-21 Series VII. The redemption price is 14,614 Rupees per unit. This price applies to the redemption due on October 19, 2026. The price calculation uses the simple average of the closing price of gold of 999 purity for October 14, October 15, and October 16, 2026. The India Bullion and Jewellers Association Ltd publishes these closing prices.
What you must do
Key dates
Who is affected
Thresholds
October 16, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series VII due on October 19, 2026 (October 20, 2026, being a holiday)
In terms of GOI notification F.No. 4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series VII - Issue date October 20, 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 due date of premature redemption of the above tranche shall be on October 19, 2026 (October 20, 2026, being a holiday).
Ajit Prasad
Press Release: 2026-2027/1344 Deputy General Manager
(Communications)
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