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Final Redemption Price for Sovereign Gold Bond Scheme
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Reserve Bank of Indiabankinginvestment

Final Redemption Price for Sovereign Gold Bond Scheme

May 20, 2026

The final redemption for the Sovereign Gold Bond (SGB) 2018-19 Series-I is set for May 4, 2026, based on gold prices.

Final Redemption Under Sovereign Gold Bond Scheme

The Government of India has announced the final redemption price for the Sovereign Gold Bond (SGB) 2018-19 Series-I, which is due on May 4, 2026. This decision is pursuant to the notification dated April 13, 2018, specifying the terms of the SGB scheme.

The redemption price will be calculated based on the simple average of the closing price of gold of 999 purity over the preceding three business days. This systematic approach ensures transparency and fairness in determining the final payout to bondholders.

For financial practitioners and investors in gold bonds, understanding the redemption mechanics is crucial, along with keeping an eye on market movements for gold prices as the redemption date approaches. This policy contributes positively to investors' confidence in gold-backed securities.

Citations

  • GOI Notification (2018) RBI Website
Practice Areas:bankinginvestment

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