On October 29, 2025, the Reserve Bank of India released a press statement regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme, specifically addressing the redemption price for premature redemption of the 2019-20 Series-VI, which is due on October 30, 2025.
As per GOI notification F.No.4(7)-B (W&M)/2019 dated September 30, 2019, premature redemption of Gold Bonds is permitted after the fifth year from the issue date on dates when interest is payable. The next due date for premature redemption of the specified tranche is October 30, 2025. The redemption price of SGB is based on the simple average of the closing price of gold of 999 purity for the three business days preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA).
Consequently, the redemption price for premature redemption due on October 30, 2025, is set at ₹11,992/- (Rupees Eleven Thousand Nine Hundred and Ninety Two only) per unit of SGB. This price is based on the average closing price of gold for October 27, 2025, October 28, 2025, and October 29, 2025.
For further information, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1412. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 and can be reached by phone at 022 - 2266 0502. The RBI website is www.rbi.org.in and email is helpdoc@rbi.org.in.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme for issuing government securities denominated in gold.
Reserve Bank of India: India's central bank, responsible for issuing the press release.
Mumbai: Location of the Central Office of the Department of Communication of the Reserve Bank of India.
India Bullion and Jewellers Association Ltd (IBJA): Association that publishes the gold price used for SGB redemption.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 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 29, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of 2019-20 Series-VI due on October 30, 2025
In terms of GOI notification F.No.4(7)-B (W&M)/2019 dated September 30, 2019 (SGB
2019-20 Series-VI-Issue date October 30, 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 30, 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 30, 2025, shall be ₹11,992/-
(Rupees Eleven Thousand Nine Hundred 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.,
October 27, 2025, October 28, 2025, and October 29, 2025.
Ajit Prasad
Press Release: 2025-2026/1412 Deputy General Manager
(Communications)