Date: 2026-02-12Category: 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 February 13, 2026 (February 14 being holiday)
This is a press release from the Reserve Bank of India, dated February 12, 2026, regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme. It concerns the redemption price for premature redemption of SGB 2019-20 Series III, which is due on February 13, 2026.
As per GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019, premature redemption of the gold bond is permitted after the fifth year from the date of issue (August 14, 2019) on the date interest is payable. The due date for premature redemption is February 13, 2026.
The redemption price is based on the simple average of the closing price of gold of 999 purity for the previous three business days, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on February 13, 2026, will be ₹15,641 per unit of SGB, based on the average closing price of gold for February 10, February 11, and February 12, 2026.
The press release number is 2025-2026/2101. Contact Ajit Prasad, Deputy General Manager (Communications) for further information. The Department of Communication can be contacted at 022-2266 0502, their website is www.rbi.org.in and their email is helpdoc@rbi.org.in.
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 May 30, 2019: The notification that governs the Sovereign Gold Bond scheme, particularly regarding premature redemption.
Reserve Bank of India: Issuer of the press release regarding SGB redemption.
India Bullion and Jewellers Association Ltd (IBJA): The organization that publishes the gold prices used to determine the SGB redemption price.
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
February 12, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of SGB 2019-20 Series III due on February 13, 2026
(February 14 being holiday)
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 due date of
premature redemption of the above tranche shall be on February 13, 2026(February 14
being holiday).
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 February 13, 2026, (February 14
being holiday) shall be ₹15,641/- (Rupees Fifteen Thousand Six Hundred and Forty
One only) per unit of SGB based on the simple average of closing price of gold for the
three business days i.e., February 10, February 11, and February 12, 2026.
Ajit Prasad
Press Release: 2025-2026/2101 Deputy General Manager
(Communications)