Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-VII due on April 20, 2026

The Reserve Bank of India, on behalf of the Government, announced the redemption price for premature redemption of a specific Sovereign Gold Bond (SGB) series.

The release highlighted key scheme mechanics: SGBs can be prematurely redeemed after five years from issuance on interest payment dates, with the redemption price based on the simple average of 999 purity gold's closing price over the preceding three business days, as published by IBJA.