SGB 2019-20 Series-V Redemption Price April 15, 2026
Summary
The Reserve Bank of India has announced the redemption price for Sovereign Gold Bond (SGB) 2019-20 Series-V premature redemption due on April 15, 2026. The redemption price is set at ₹15,009 per unit based on the simple average of closing gold prices (999 purity) for the three business days of April 9, 10, and 13, 2026, as published by the India Bullion and Jewellers Association Ltd (IBJA). Premature redemption is permitted after the fifth year from the date of issue.
What changed
The RBI has published the official redemption price for the SGB 2019-20 Series-V tranche, which matures for premature redemption on April 15, 2026. The redemption price of ₹15,009 per unit is calculated as the simple average of the closing price of 999 purity gold for the three business days preceding the redemption date.
Holders of SGB 2019-20 Series-V (issued October 15, 2019) may now redeem their bonds at this price on the scheduled date. Investors holding these bonds through designated banks or depositories should contact their respective institutions to initiate the redemption process. The price reflects current market rates as published by IBJA and provides holders with the embedded appreciation in gold value since the original issue price.
What to do next
- Monitor redemption date for SGB holdings
- Contact relevant bank or depository for redemption procedures
Archived snapshot
Apr 14, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Press Releases
| () | |
| Date : Apr 13, 2026 | |
| Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series-V due on April 15, 2026 | |
| | In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-V-Issue date October 15, 2019) 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 15, 2026.
- 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 15, 2026, shall be ₹15,009/- (Rupees Fifteen Thousand and Nine Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 09, April 10, and April 13, 2026.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/81 | | In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-V-Issue date October 15, 2019) 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 15, 2026.
- 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 15, 2026, shall be ₹15,009/- (Rupees Fifteen Thousand and Nine Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 09, April 10, and April 13, 2026.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/81 |
| In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-V-Issue date October 15, 2019) 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 15, 2026.
- 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 15, 2026, shall be ₹15,009/- (Rupees Fifteen Thousand and Nine Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., April 09, April 10, and April 13, 2026.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/81 | |
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