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(16/07/2026 10:08)

RBI announces premature redemption price for SGB 2019-20 Series-II

The Reserve Bank of India (RBI) has announced that the premature redemption of Sovereign Gold Bond (SGB) 2019-20 Series-II, issued on July 16, 2019, will be available on July 16, 2026, in line with the scheme's provision allowing redemption after the completion of five years on an interest payment date.

The redemption price has been fixed at Rs 14,199 per unit, based on the simple average of the closing price of 999 purity gold published by the India Bullion and Jewellers Association (IBJA) for the three preceding business days—July 13, 14, and 15, 2026.
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