On January 14, 2026, the Reserve Bank of India (RBI) released a press statement regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. The statement pertains to the redemption price for premature redemption of the 2019-20 Series-II, which is due on January 16, 2026. As per GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019, premature redemption of Gold Bonds is permitted after the fifth year from the date of issue of such Gold Bond. The redemption price of SGB shall be based on the simple average of the closing price of gold of 999 purity of the 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, will 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. For further information, contact Ajit Prasad, Deputy General Manager (Communications). 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: Scheme allowing premature redemption of gold bonds.
GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019: Government of India notification concerning the Sovereign Gold Bond Scheme.
Reserve Bank of India: The central bank, issuing the press release regarding SGB redemption.
India Bullion and Jewellers Association Ltd (IBJA): Organization publishing gold prices used for SGB redemption.
Mumbai: Location of the Department of Communication, Reserve Bank of India.
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)