Date: 2026-02-06Category: Not ApplicableState: Union GovernmentCountry: India
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2020-21 Series-XI due on February 09, 2026
The Reserve Bank of India (RBI) released a notification on February 06, 2026, regarding the premature redemption under the Sovereign Gold Bond (SGB) Scheme, specifically concerning the redemption price for the SGB 2020-21 Series-XI, due on February 09, 2026.
As per GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-XI-Issue date February 09, 2021), premature redemption of the Gold Bond is permitted after the fifth year from the date of issue, coinciding with the interest payable date. The premature redemption date for this tranche is February 09, 2026.
The redemption price is based on the simple average of the closing price of gold of 999 purity for the three working days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for premature redemption due on February 09, 2026, is ₹15,374/- (Rupees Fifteen Thousand Three Hundred and Seventy-Four only) per unit of SGB, calculated from the average closing price of gold for February 04, February 05, and February 06, 2026.
For more information, contact Ajit Prasad, Deputy General Manager (Communications) at 022 - 2266 0502. The press release number is 2025-2026/2068. The RBI website is www.rbi.org.in and helpdoc@rbi.org.in is the email.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme under which premature redemption is being announced.
GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020: Government of India notification that establishes the terms for the SGB scheme and its premature redemption.
Reserve Bank of India: Issuer of the press release related to the SGB scheme.
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 06, 2026
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for premature redemption of SGB 2020-21 Series-XI due on February 09, 2026
In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB
2020-21 Series-XI-Issue date February 09, 2021) 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 09, 2026.
2. Further, the redemption price of SGB shall be based on simple average of closing
price of gold of 999 purity of previous three working 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 09, 2026, shall be ₹15,374/-
(Rupees Fifteen Thousand Three Hundred and Seventy-Four only) per unit of SGB
based on the simple average of closing price of gold for the three business days i.e.,
February 04, February 05, and February 06, 2026.
Ajit Prasad
Press Release: 2025-2026/2068 Deputy General Manager
(Communications)