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In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-VI-Issue date October 30, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on April 30, 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 premature redemption due on April 30, 2026, shall be ₹14,931/- (Rupees Fourteen Thousand Nine Hundred and Thirty One Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 27, April 28, and April 29, 2026. Ajit Prasad Press Release: 2026-2027/175 |
