June 9, 2026

Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series VII due on June 10, 2026

Relevant Extracted Data –

  • Premature redemption of Sovereign Gold Bond (SGB) 2019‑20 Series VII is permitted on June 10 2026, the first redemption date after the fifth year from issue (issue date: 10 December 2019) and coinciding with the interest payment date.
  • The redemption price is fixed at ₹15,275 per unit. The price is calculated as the simple average of the closing price of 999‑purity gold for the three business days preceding the redemption date, i.e., 5 June 2026, 8 June 2026 and 9 June 2026, as published by the India Bullion and Jewellers Association Ltd (IBJA).
  • The redemption price determination follows Government of India notification No. F.No. 4(7)‑B(W&M)/2019 dated 30 September 2019, which governs the SGB scheme.
  • Press release issued by Deputy General Manager Ajit Prasad, Communications Department, RBI (Press Release: 2026‑2027/420).

No auction, money market, FX turnover, or borrowing data is provided in this release.