On January 20, 2026, the Reserve Bank of India (RBI) issued a press release regarding the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically for the 2019-20 Series-VIII, which is due on January 21, 2026.
As per 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 (January 21, 2020) on the date on which interest is payable. The next due date for premature redemption 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 premature redemption price due on January 21, 2026, is ₹14,432/- (Rupees Fourteen Thousand Four Hundred and Thirty-Two only) per unit of SGB, calculated based on the average closing price of gold for January 16, 2026, January 19, 2026, and January 20, 2026.
The press release number is 2025-2026/1954. Contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, phone: 022 - 2266 0502 or visit www.rbi.org.in/hindi, www.rbi.org.in, helpdoc@rbi.org.in
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A government scheme related to gold bonds, subject of this press release.
GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019: A notification from the Government of India which outlines the rules and regulations of SGB.
Reserve Bank of India: The issuer of this press release and the regulator of the SGB scheme.
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 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)