Date: 2025-09-16Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series-IV due on September 17, 2025
**Summary:**
This press release from the Reserve Bank of India (RBI), dated September 16, 2025, announces the premature redemption price for Sovereign Gold Bonds (SGB) 2019-20 Series IV, which were issued on September 17, 2019. As per the Government of India notification F.No. 47B/WM/2019 dated May 30, 2019, 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 September 17, 2025.
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 premature redemption due on September 17, 2025, is set at ₹11,003 (Rupees Eleven Thousand and Three only) per unit of SGB. This price is based on the simple average of closing gold prices for September 12, September 15, and September 16, 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
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Sovereign Gold Bond Scheme: A government scheme allowing investment in gold in dematerialized form.
SGB 201920 SeriesIV: A specific series of the Sovereign Gold Bond issued in 2019-2020.
GOI: Government of India
India Bullion and Jewellers Association Ltd IBJA: An association that publishes gold prices, used for determining the redemption price of SGBs.
Mumbai, Maharashtra: A city in India. Location of the Reserve Bank of India Central Office.
Ajit Prasad: Deputy General Manager Communications at Reserve Bank of India
September 17, 2025: The due date for premature redemption of SGB 201920 SeriesIV.
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
September 16, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme -
Redemption Price for premature redemption of SGB 2019-20 Series-IV due on
September 17, 2025
In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated May 30, 2019 (SGB
2019-20 Series-IV-Issue date September 17, 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 September
17, 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 September 17, 2025, shall be
₹11,003/- (Rupees Eleven Thousand and Three only) per unit of SGB based on the
simple average of closing gold price for the three business days i.e., September 12,
September 15, and September 16, 2025.
Ajit Prasad
Press Release: 2025-2026/1107 Deputy General Manager
(Communications)