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PRIMARYRBI Press Releases·neutral
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series IV due on September 17, 2026
AI Summary
- ·Sovereign Gold Bond (SGB) 2019-20 Series IV, issued on September 17, 2019, is eligible for premature redemption after five years.
- ·The next due date for premature redemption of this SGB tranche is September 17, 2026.
- ·The redemption price for premature redemption on September 17, 2026, will be ₹15,173, based on the average closing price of gold over the preceding three business days.