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(21/07/2026 10:16)

RBI fixes premature redemption price for SGB 2019-20 Series VIII

The Reserve Bank of India (RBI) has fixed the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series VIII at Rs 14,170 per unit. The redemption is due on July 21, 2026, marking the completion of the mandatory five-year holding period for eligible investors.

The redemption price has been calculated 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 16, July 17, and July 20, 2026.
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