On January 21, 2026, the Reserve Bank of India (RBI) released information regarding the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically the 2018-19 Series-V, which is due on January 22, 2026.
As per GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018, premature redemption of the Gold Bond is allowed after the fifth year from the issue date of January 22, 2019, on a date when interest is payable. 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 premature redemption on January 22, 2026, is set at ₹14,853 (Rupees Fourteen Thousand Eight Hundred and Fifty-Three only) per unit of SGB. This price is based on the simple average of the closing price of gold for the business days of January 19, 2026, January 20, 2026, and January 21, 2026.
The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502.
The press release number is 2025-2026/1963. Ajit Prasad, Deputy General Manager (Communications), is listed as the contact.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme allowing premature redemption after the fifth year.
GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018: Government of India notification governing the Sovereign Gold Bond scheme.
Reserve Bank of India: Central bank, overseeing the SGB redemption.
Mumbai: Location of the Department of Communication, Central Office.
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
January 21, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2018-19 Series-V due on January 22, 2026
In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB
2018-19 Series-V-Issue date January 22, 2019) 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 January 22, 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 January 22, 2026, shall be ₹14,853/-
(Rupees Fourteen Thousand Eight Hundred and Fifty-Three only) per unit of SGB
based on the simple average of closing price of gold for the three business days i.e.,
January 19, 2026, January 20, 2026, and January 21, 2026.
Ajit Prasad
Press Release: 2025-2026/1963 Deputy General Manager
(Communications)