On October 22, 2025, the Reserve Bank of India (RBI) released a press release regarding the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically the 2018-19 Series-II tranche due on October 23, 2025. In accordance with GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, premature redemption is permitted after the fifth year from the date of issue (October 23, 2018), coinciding with the interest payment date. The redemption price is based on the simple average of the closing price of gold of 999 purity for the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for October 23, 2025, is ₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB, calculated using the gold closing prices from October 17, 2025, October 20, 2025, and October 22, 2025. The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, phone number: 022 - 2266 0502, e-mail address: helpdoc@rbi.org.in, and Website address: www.rbi.org.in, www.rbi.org.in/hindi. Ajit Prasad, Deputy General Manager (Communications) is the contact person. The press release number is 2025-2026/1357.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme for investing in gold in dematerialized form, with premature redemption option.
GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018: Government of India notification providing the framework for the SGB scheme.
Reserve Bank of India: The central bank issuing the press release regarding premature redemption of SGBs.
Mumbai: Location of the Reserve Bank of India's Department of Communication.
India Bullion and Jewellers Association Ltd (IBJA): Publishes the reference price of gold used for redemption.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 22, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of 2018-19 Series-II due on
October 23, 2025
In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018
(SGB 2018-19 Series-II-Issue date October 23, 2018) 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 October 23, 2025.
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 October 23, 2025, shall be
₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of
SGB based on the simple average of closing price of gold for the three business days
i.e., October 17, 2025, October 20, 2025, and October 22, 2025.
Ajit Prasad
Press Release: 2025-2026/1357 Deputy General Manager
(Communications)