In terms of Para 13 of the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme issued by the Reserve Bank of India vide circular IDMD.CDD.1100/14.04.050/2021-22 dated October 22, 2021, premature redemption of the bonds is permitted after five years from the date of issue of such bonds. 2. Accordingly, the details of tranches falling due for premature redemption during H1 of 2022-23 i.e., from April 1, 2022 up to September 30, 2022 along with the window for submission of request for premature redemption by the investors are as under: | SGB Series | Date of issue | Date of coupon payment | Dates for submitting the request for premature redemption by the investors to the Receiving Offices/NSDL/CDSL/RBI Retail Direct. | | | | | From | To | | 2015-I | November 30, 2015 | May 30, 2022 | April 30, 2022 | May 20, 2022 | | 2016-I | February 08, 2016 | August 8, 2022 | July 8, 2022 | July 29, 2022 | | 2016-II | March 29, 2016 | September 29, 2022 | August 29, 2022 | September 19, 2022 | | 2016-17 Series I | August 05, 2016 | August 5, 2022 | July 5, 2022 | July 26, 2022 | | 2016-17 Series II | September 30, 2016 | September 30, 2022 | August 30, 2022 | September 20, 2022 | | 2016-17 Series III | November 17, 2016 | May 17, 2022 | April 18, 2022 | May 07, 2022 | | 2016-17 Series IV | March 17, 2017 | September 17, 2022 | August 17, 2022 | September 07, 2022 | | 2017-18 Series I | May 12, 2017 | May 12, 2022 | April 12, 2022 | May 02, 2022 | | 2017-18 Series II | July 28, 2017 | July 28, 2022 | June 28, 2022 | July 18, 2022 | It may, however, be noted that the above-mentioned dates may undergo a change in case of unscheduled holiday/s. Investors are advised to take note of the period for submission of requests for redemption of SGB, in case they choose to redeem their holdings before maturity. (Yogesh Dayal)
Chief General Manager Press Release: 2022-2023/76 | |