On October 22, 2025, the Reserve Bank of India issued a press release regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. The redemption price for the premature redemption of the 2018-19 Series-II, due on October 23, 2025, is addressed in the release.
In accordance with GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, premature redemption of the SGB (SGB 2018-19 Series-II-Issue date October 23, 2018) is permitted after the fifth year from the date of issue, specifically on dates when interest is payable. The next premature redemption date is October 23, 2025.
The redemption price is based on the simple average of the closing price of gold of 999 purity for the three business days prior to the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on October 23, 2025, will be ₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB, based on the average closing price of gold for October 17, 2025, October 20, 2025, and October 22, 2025.
The press release number is 2025-2026/1357. Ajit Prasad, Deputy General Manager (Communications), is the contact person. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, phone: 022 - 2266 0502. The websites are www.rbi.org.in and www.rbi.org.in/hindi. The email address is helpdoc@rbi.org.in.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme allowing premature redemption of gold bonds.
GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018: Government of India notification governing the SGB scheme and premature redemption.
Reserve Bank of India: The central bank of India, issuing this press release.
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)