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In terms of GOI notification F.No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be May 04, 2026. 2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for final redemption due on May 04, 2026, shall be ₹14901/- (Rupees Fourteen Thousand Nine Hundred and One only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 28, April 29, and April 30, 2026. Ajit Prasad Press Release: 2026-2027/188 |
