Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series-III due on November 13, 2026
In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-III-Issue date November 13, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be November 13, 2026. 2. Further, the redemption price of SGB…
The Sovereign Gold Bond (SGB) 2018-19 Series-III was issued on November 13, 2018, according to the Government of India's notification F.No.4(22)-B(W&M)/2018. This particular tranche will be subject to final redemption on November 13, 2026. To calculate the redemption price, the average closing price of gold with 999 purity for the three business days preceding the redemption date is taken into account.
This price is sourced from the India Bullion and Jewellers Association Ltd (IBJA). For the final redemption due on November 13, 2026, the redemption price for each unit of SGB is determined to be ₹14024/- based on the simple average of closing prices for November 10, 11, and 12, 2026. Deputy General Manager (Communications) Ajit Prasad conveyed this information in the press release dated 2026-2027/1486.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
