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In terms of GOI notification F.No. 4(5)-B(W&M)/2021 dated May 12, 2021 (SGB 2021-22 Series V – Issue date August 17, 2021) 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 due date of premature redemption of the above tranche shall be on August 17, 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 August 17, 2026, shall be ₹15,295/- (Rupees Fifteen Thousand Two Hundred and Ninety Five Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., August 12, August 13, and August 14, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/903 |
