Changeflow GovPing Banking & Finance SGB 2018-19 Series-II Redemption Price Rs 15,21...
Routine Notice Added Final

SGB 2018-19 Series-II Redemption Price Rs 15,219 per Unit April 23, 2026

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Summary

The Reserve Bank of India has published the redemption price for premature redemption of Sovereign Gold Bond (SGB) 2018-19 Series-II, due on April 23, 2026. The redemption price is set at ₹15,219 per unit of SGB, calculated as the simple average of closing gold prices (999 purity) for the three business days of April 20, 21, and 22, 2026, as published by the India Bullion and Jewellers Association Ltd (IBJA). This tranche was originally issued on October 23, 2018, and premature redemption is permitted after the fifth year from the date of issue.

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GovPing monitors RBI Press Releases for new banking & finance regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 200 changes logged to date.

What changed

The RBI has published the official redemption price for SGB 2018-19 Series-II premature redemption. The redemption price of ₹15,219 per unit reflects the simple average of IBJA closing gold prices (999 purity) for the three business days ending April 22, 2026. SGB holders in this tranche who wish to exercise premature redemption on the April 23, 2026 due date should submit their requests through their designated banks or custodians. The price mechanism follows the standard SGB redemption formula established under the Government of India notification governing the scheme.

Financial institutions and banks acting as_repository entities for SGB holdings should ensure their systems reflect the ₹15,219 redemption price for April 23, 2026 transactions. No new compliance obligations are created; this notice provides the price parameter for an already-authorized premature redemption window under the original scheme terms.

Archived snapshot

Apr 23, 2026

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Press Releases

| () | |
| Date : Apr 22, 2026 | |
| Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2018-19 Series-II due on April 23, 2026 | |
| | In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) 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 April 23, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold 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 April 23, 2026, shall be ₹15,219/- (Rupees Fifteen Thousand Two Hundred and Nineteen Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 20, April 21, and April 22, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/125 | | In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) 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 April 23, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold 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 April 23, 2026, shall be ₹15,219/- (Rupees Fifteen Thousand Two Hundred and Nineteen Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 20, April 21, and April 22, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/125 |
| In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) 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 April 23, 2026.

  1. Further, the redemption price of SGB shall be based on simple average of closing price of gold 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 April 23, 2026, shall be ₹15,219/- (Rupees Fifteen Thousand Two Hundred and Nineteen Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 20, April 21, and April 22, 2026.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/125 | |

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Last updated

Classification

Agency
RBI
Published
April 22nd, 2026
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Investors
Industry sector
5221 Commercial Banking
Activity scope
Government bond redemption Precious metals pricing
Geographic scope
IN IN

Taxonomy

Primary area
Banking
Operational domain
Finance
Topics
Securities Financial Services

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