Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2017-18 Series I due on May 09, 2025 (May 12, May 11 and May 10 being holidays) - ربی - Reserve Bank of India
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شائع کیا گیا پر مئی 02, 2025
Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2017-18 Series I due on May 09, 2025 (May 12, May 11 and May 10 being holidays)
| In terms of GOI Notification F. No. 4(8) - W&M/2017 dated April 20, 2017 (SGB 2017-18 Series I - Issue date May 12, 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 May 09, 2025 (May 12, May 11 and May 10 being holidays). 2. Further, the redemption price of SGB shall be based on the simple average of closing price of gold of 999 purity of previous week (Monday to Friday) published by the India Bullion and Jewellers Association Limited. Accordingly, the redemption price for the final redemption due on May 09, 2025 (May 12, May 11 and May 10 being holidays) shall be ₹9486/- (Rupees Nine Thousand Four Hundred and Eighty-six only) per unit of SGB based on the simple average of closing gold price for the week April 28, 2025 – May 02, 2025. (May 01, 2025 being a holiday)Ajit Prasad Press Release: 2025-2026/246 |
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