Date: 2025-08-13Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series-III due on August 14, 2025
**Summary:**
This press release from the Reserve Bank of India (RBI), dated August 13, 2025, announces the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series III, which matures on August 14, 2025. As per the Government of India notification F. No. 47BWM2019 dated May 30, 2019, premature redemption is permitted after the fifth year from the issue date (August 14, 2019) on interest payment dates. The redemption price is based on the simple average of the closing gold price (999 purity) of the previous three business days as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for August 14, 2025, is set at ₹9,991 (Nine Thousand Nine Hundred Ninety-One Rupees only) per unit of SGB, calculated from the average closing gold prices of August 11, August 12, and August 13, 2025. For further information, contact the Department of Communication, Central Office, RBI at helpdocrbi.org.in or phone 022-2266 0502.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the central office of the Reserve Bank of India is located.
Sovereign Gold Bond Scheme: A government scheme allowing investment in gold in dematerialized form.
SGB 201920 SeriesIII: A specific series of the Sovereign Gold Bond issued in 2019-2020.
GOI notification F. No. 47BWM2019 dated May 30, 2019: Government of India notification pertaining to the Sovereign Gold Bond scheme.
India Bullion and Jewellers Association Ltd IBJA: Organization that publishes gold prices used for SGB redemption.
Ajit Prasad: Deputy General Manager at Reserve Bank of India.
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 13, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of SGB 2019-20 Series-III due on August 14, 2025
In terms of GOI notification F. No. 4(7)-B(W&M)/2019 dated May 30, 2019 (SGB
2019-20 Series-III-Issue date August 14, 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 August 14, 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 14, 2025, shall be ₹9,991/-
(Rupees Nine Thousand Nine Hundred Ninety-One only) per unit of SGB based on
the simple average of closing gold price for the three business days i.e., August 11,
August 12, and August 13, 2025.
Ajit Prasad
Press Release: 2025-2026/901 Deputy General Manager
(Communications)