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Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of 2019-20 Series VII due on December 10, 2025

In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019  (SGB 2019-20 Series VII Issue date  December 10, 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 due date of premature redemption of the above tranche shall be on  December 10, 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 working 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  December 10, 2025 , shall be 12,827/- (Rupees Twelve Thousand Eight Hundred and Twenty Seven only) per unit of SGB based on the simple average of closing price of gold for the three working days i.e., December 05, December 08, and December 09, 2025.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/1668

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