On January 16, 2026, 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 2020-21 Series-X, due on January 19, 2026, is addressed. As per GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020, premature redemption of Gold Bonds is permitted after the fifth year from the issue date (January 19, 2021), on dates when interest is payable. The next premature redemption date for the tranche is January 19, 2026. The redemption price is based on the simple average of the closing price of gold of 999 purity for the three business days before the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on January 19, 2026, is ₹14,130 per unit of SGB, based on the average closing price of gold for January 13, 14, and 16, 2026. The press release number is 2025-2026/1940. Ajit Prasad, Deputy General Manager (Communications), is the contact person.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A scheme allowing premature redemption of gold bonds after five years from the issue date.
GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020: Government of India notification regarding the Sovereign Gold Bond scheme terms.
Reserve Bank of India: The issuing authority for this press release regarding Sovereign Gold Bonds.
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 16, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of 2020-21 Series-X due on
January 19, 2026
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB
2020-21 Series-X-Issue date January 19, 2021) 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 19,
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 19, 2026, shall be
₹14,130/- (Rupees Fourteen Thousand One Hundred and Thirty only) per unit of
SGB based on the simple average of closing price of gold for the three business days
i.e., January 13, 2026, January 14, 2026, and January 16, 2026.
Ajit Prasad
Press Release: 2025-2026/1940 Deputy General Manager
(Communications)