According to an RBI release cited by ANI, holders of the tranche issued on December 10, 2019, can opt for premature redemption on June 10, 2026. Under the Sovereign Gold Bond Scheme, investors are allowed to redeem their bonds after the fifth year from the date of issue on designated interest payment dates.
The central bank has fixed the redemption price at ₹15,275 per unit of SGB. The price has been determined based on the simple average of the closing price of 999-purity gold over the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association (IBJA).
Accordingly, the redemption value for the June 10, 2026 redemption window has been calculated using gold prices recorded on June 5, June 8 and June 9, 2026. The RBI said the methodology is in line with the provisions of the Sovereign Gold Bond Scheme. Investors in SGBs benefit from exposure to gold prices without holding the physical metal, while also earning a fixed annual interest on their investment.
