The RBI has set the redemption price for premature redemption of the Sovereign Gold Bond of the 2018-19 series-IV, effective July 01, 2026. This determination aligns with the terms of the issue.
Premature Redemption Price for Sovereign Gold Bond
The Reserve Bank of India has announced the redemption price for the premature redemption of the Sovereign Gold Bond (SGB) 2018-19 Series-IV, consistent with its guidelines. The premature redemption can be executed after five years from the date of issue, which aligns with the upcoming due date of July 01, 2026.
According to the government notification F.No.4(22)-B(W&M)/2018, the price will be based on the simple average of the last three working days of the previous month. This standardized approach ensures consistent evaluation based on market performance.
Legal practitioners advising clients on investment-related matters should remain informed regarding these redemption options, as they have the potential to affect investor strategies and decision-making concerning gold investments.
Citations
- RBI Press Release (2026)
