Date: 2025-09-10Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption of SGB 2019-20 Series-X due on September 11, 2025
**Summary:**
This press release from the Reserve Bank of India (RBI), dated September 10, 2025, announces the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series X, which is due on September 11, 2025. In accordance with GOI notification F. No. 4(7B)/WM/2019 dated September 30, 2019, premature redemption is permitted after the fifth year from the issue date (March 11, 2020) 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 September 11, 2025, is set at ₹10,905 (Rupees Ten Thousand Nine Hundred and Five only) per unit of SGB, calculated from the average closing gold prices of September 08, September 09, and September 10, 2025. For further information, contact the Department of Communication, Central Office, RBI at helpdoc@rbi.org.in or phone 022-2266-0502. The RBI's website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
Mumbai, Maharashtra: City in India where the Reserve Bank of India's Central Office is located.
Sovereign Gold Bond Scheme: A scheme by the Government of India allowing investment in gold bonds.
SGB 201920 SeriesX: Specific tranche of the Sovereign Gold Bond scheme issued in 2019-2020.
GOI notification F. No. 47BWM2019: Government of India notification pertaining to the Sovereign Gold Bond scheme.
India Bullion and Jewellers Association Ltd IBJA: Association that publishes gold prices used to determine the redemption price of SGBs.
Ajit Prasad: Deputy General Manager Communications 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
September 10, 2025
Premature redemption under Sovereign Gold Bond (SGB) Scheme –
Redemption Price for premature redemption of SGB 2019-20 Series-X
due on September 11, 2025
In terms of GOI notification F. No. 4(7)-B(W&M)/2019 dated September 30, 2019
(SGB 2019-20 Series-X -Issue date March 11, 2020) 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 11, 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 11, 2025, shall be
₹10,905/- (Rupees Ten Thousand Nine Hundred and Five only) per unit of SGB based
on the simple average of closing gold price for the three business days i.e., September
08, September 09, and September 10, 2025.
Ajit Prasad
Press Release: 2025-2026/1077 Deputy General Manager
(Communications)