Date: 2025-08-11Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series-VI due on August 12, 2025
**Policy Summary: Premature Redemption of Sovereign Gold Bond (SGB) 2018-19 Series VI**
This press release from the Reserve Bank of India (RBI), dated August 11, 2025, announces the premature redemption price for Sovereign Gold Bond (SGB) 2018-19 Series VI, in accordance with GOI notification F. No. 4(22)-B(W&M)/2018 dated October 08, 2018. As per the SGB scheme, premature redemption is permitted after the fifth year from the date of issue, coinciding with an interest payment date. The next due date for premature redemption of this tranche is August 12, 2025.
The redemption price is based on the simple average of the closing gold price (999 purity) of the previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on August 12, 2025, is set at ₹10,053 (Rupees Ten Thousand and Fifty-three only) per unit of SGB. This price is calculated from the simple average of the closing gold prices for August 07, August 08, and August 11, 2025.
For further information, contact the Department of Communication, Central Office, Reserve Bank of India, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, email: helpdoc@rbi.org.in, Phone: 022-2266 0502. Website: www.rbi.org.in.
Key Entities Referenced
Ajit Prasad: Deputy General Manager Communications at Reserve Bank of India
Reserve Bank of India: The central bank of India.
Sovereign Gold Bond Scheme: A Government of India scheme for investment in gold.
SGB 201819 SeriesVI: A specific series of the Sovereign Gold Bond issued in 2018-19.
F. No. 422BWM2018: A Government of India notification number related to the Sovereign Gold Bond Scheme.
SGB 201819 SeriesVII: Another specific series of the Sovereign Gold Bond issued in 2018-19.
India Bullion and Jewellers Association Ltd IBJA: An association that publishes gold prices, used to determine the redemption price of SGBs.
Mumbai, Maharashtra: City in India where the Reserve Bank of India's central office is located.
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
August 11, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of SGB 2018-19 Series-VI August 12, 2025
In terms of GOI notification F. No. F. No. 4(22)-B(W&M)/2018 dated October 08, 2018
(SGB 2018-19 Series-VI-Issue date February 12, 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 tranches shall be on August 12,
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 August 12, 2025, shall be ₹10,053/-
(Rupees Ten Thousand Fifty-three only) per unit of SGB based on the simple average
of closing gold price for the three business days i.e., August 07, August 08, and August
11, 2025.
Ajit Prasad
Press Release: 2025-2026/884 Deputy General Manager
(Communications)