Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series-V due on July 22, 2025 - আৰবিআই - Reserve Bank of India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series-V due on July 22, 2025
In terms of GOI notification F.No. 4(22) -B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-V- Issue date January 22, 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 July 22, 2025. 2. Further, the redemption price of SGB shall be based on simple average of closing gold price 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 July 22, 2025, shall be ₹9,820/- (Rupees Nine Thousand Eight Hundred and Twenty only) per unit of SGB based on the simple average of closing gold price for the three business days i.e., July 17, July 18 and July 21, 2025. Ajit Prasad Press Release: 2025-2026/757 |