RBI announces premature redemption of SGB 2020-21 Series-VII on April 20, 2026, after five-year lock‑in.
Redemption price set at ₹15,254 per unit, based on simple average of gold’s closing price (April 15‑17, 2026).
Price calculation follows GOI notification F.No.4(4)-B(W&M)/2020 and uses IBJA’s 999‑purity gold rates.
Investors can redeem units on the specified date, impacting liquidity in the sovereign gold bond market.