On January 14, 2026, the Reserve Bank of India (RBI) released a press release regarding the premature redemption of Sovereign Gold Bonds (SGB) under the SGB Scheme for the 2019-20 Series-II, due on January 16, 2026. According to GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019, premature redemption is permitted after the fifth year from the date of issue, 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 January 16, 2026, is ₹14,092 per unit, calculated from the average closing price of gold on January 12, 13, and 14, 2026. The contact person for communications is Ajit Prasad, Deputy General Manager. The press release number is 2025-2026/1928. Website: www.rbi.org.in, email: helpdoc@rbi.org.in, phone: 022 - 2266 0502.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A government scheme allowing investment in gold bonds, offering premature redemption options.
GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019: The Government of India notification that establishes the framework and terms for the Sovereign Gold Bond scheme.
Reserve Bank of India: Issuer of the press release concerning the premature redemption of Sovereign Gold Bonds.
Mumbai: Location of the Reserve Bank of India's Department of Communication.
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 14, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of 2019-20 Series-II due on
January 16, 2026
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB
2019-20 Series-II-Issue date July 16, 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 16,
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 16, 2026, shall be
₹14,092/- (Rupees Fourteen Thousand and Ninety-Two only) per unit of SGB
based on the simple average of closing price of gold for the three business days i.e.,
January 12, 2026, January 13, 2026, and January 14, 2026.
Ajit Prasad
Press Release: 2025-2026/1928 Deputy General Manager
(Communications)