Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of 2017-18 Series-IV due on October 23, 2025
In terms of GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-IV-Issue date October 23, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 23, 2025. 2. 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 final redemption due on October 23, 2025, shall be ₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., October 17, 2025, October 20, 2025, and October 22, 2025. Ajit Prasad Press Release: 2025-2026/1358 |