Sovereign Gold Bond Premature Redemption Schedule Announced

The Reserve Bank of India has released details regarding the upcoming premature redemption schedule for specific tranches issued under the Sovereign Gold Bond Scheme. As per the guidelines of the scheme and relevant government notifications, investors are permitted to opt for premature redemption after the completion of five years from the original issue date, aligning with the scheduled interest payment dates. The next applicable date for these specific tranches has been fixed for August 11, 2026.

Calculation Method for the Redemption Value

The monetary value for premature redemption is determined using a precise formula established by the central authority. According to the official notification, the redemption price is calculated using the simple average of the closing price of gold with 999 purity. This average is derived from the preceding three business days leading up to the redemption date, based on figures published by the India Bullion and Jewellers Association Ltd.

Details of the August 2026 Redemption Price

For the upcoming redemption due on August 11, 2026, covering the 2019-20 Series IX and 2020-21 Series V tranches, the final redemption price has been set at ₹14,957 per unit. This figure was computed using the closing gold rates recorded on August 6, August 7, and August 10, 2026. Investors holding these specific units can review their options based on the announced per-unit valuation.

Eligible SGB Tranches

• SGB 2019-20 Series IX, originally issued on February 11, 2020
• SGB 2020-21 Series V, originally issued on August 11, 2020

Primary source: This independent news summary is based on official information from Reserve Bank of India. Read the original document for complete details.