On January 20, 2026, the Reserve Bank of India (RBI) released information regarding the premature redemption of Sovereign Gold Bonds (SGB) under the 2019-20 Series-VIII, which are due on January 21, 2026.
In accordance with GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019, premature redemption is permitted after five years from the date of issue. The next due date for premature redemption of this tranche is January 21, 2026.
The redemption price will be 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 21, 2026, is ₹14,432 per unit of SGB, based on the average closing price of gold for January 16, 2026, January 19, 2026, and January 20, 2026.
The Department of Communication can be contacted at Mumbai - 400 001 or by phone at 022 - 2266 0502. Website: www.rbi.org.in or hindi, E-mail: helpdoc@rbi.org.in
Press Release: 2025-2026/1954
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: The scheme under which premature redemption is being announced.
GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019: The original notification that governs the Sovereign Gold Bond Scheme.
Reserve Bank of India: Issuer of the press release and regulator related to the SGB.
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 20, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of 2019-20 Series-VIII due on
January 21, 2026
In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019
(SGB 2019-20 Series-VIII-Issue date January 21, 2020) 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 21, 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 21, 2026, shall be
₹14,432/- (Rupees Fourteen Thousand Four Hundred and Thirty-Two only) per
unit of SGB based on the simple average of closing price of gold for the three business
days i.e., January 16, 2026, January 19, 2026, and January 20, 2026.
Ajit Prasad
Press Release: 2025-2026/1954 Deputy General Manager
(Communications)