The Reserve Bank of India announced that the premature redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series I, due on October 28, 2026, has been set at ₹14,159 per unit.
According to the central bank, the redemption price is based on the simple average of the closing price of gold of 999 purity of the previous three business days, namely October 23, October 26, and October 27, 2026, as published by the India Bullion and Jewellers Association Ltd.
What it means
- The premature redemption price for SGB 2020-21 Series I due on October 28, 2026, is set at ₹14,159 per unit.
Source
Reserve Bank of India, “Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption of SGB 2020-21 Series I due on October 28, 2026” dated 27 October 2026. Read the original release.
Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.
Official RBI, SEBI, Government and Defence updates as they happen.
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