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(22/10/2026 20:06)

RBI fixes final redemption price of SGB 2018-19 Series II at Rs 14,425 per unit

The Reserve Bank of India (RBI) has fixed the final redemption price of Sovereign Gold Bond (SGB) 2018-19 Series II at Rs 14,425 per unit, with redemption due on October 23, 2026.

Issued on October 23, 2018, the gold bonds are reaching maturity after completing their eight-year tenure, in accordance with the Government of India notification dated October 8, 2018.

The redemption price has been calculated based on the simple average of the closing prices of 999-purity gold for the three preceding business days, namely October 19, October 21 and October 22, 2026, as published by the India Bullion and Jewellers Association Ltd (IBJA).
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