On October 14, 2025, the Reserve Bank of India released information regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. The redemption price for the premature redemption of the 2019-20 Series-V bonds, due on October 15, 2025, has been set according to GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019.
Premature redemption is permitted after the fifth year from the date of issue, on a date when interest is payable. The next due date for premature redemption is October 15, 2025.
The redemption price of SGB will be based on the simple average of the closing gold price of 999 purity for the three business days prior to the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Therefore, the redemption price for premature redemption due on October 15, 2025, is ₹12,394/- (Rupees Twelve Thousand Three Hundred Ninety Four only) per unit of SGB. This price is based on the simple average of the closing gold price for the three business days of October 10, 2025, October 13, 2025, and October 14, 2025.
For more information, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1310. The website is www.rbi.org.in and email is helpdoc@rbi.org.in. The phone number is 022 - 2266 0502.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A scheme allowing premature redemption of gold bonds.
GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019: Government of India notification governing the Sovereign Gold Bond Scheme and its redemption terms.
India Bullion and Jewellers Association Ltd (IBJA): The organization that publishes the gold price used to determine the redemption price of SGBs.
Mumbai: Location of the Reserve Bank of India's central office.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
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 14, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2019-20 Series-V due on October 15, 2025
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB
2019-20 Series-V-Issue date October 15, 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 October 15, 2025.
2. Further, the redemption price of SGB shall be based on simple average of closing gold
price 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 15, 2025, shall be ₹12,394/-
(Rupees Twelve Thousand Three Hundred Ninety Four only) per unit of SGB based
on the simple average of closing gold price for the three business days i.e., October 10,
2025, October 13, 2025, and October 14, 2025.
Ajit Prasad
Press Release: 2025-2026/1310 Deputy General Manager
(Communications)