In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-IX-Issue date January 05, 2021) 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 July 04, 2026 (July 05 being holiday). 2. 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 July 04, 2026, (July 05 being holiday) shall be ₹14,366/- (Rupees Fourteen Thousand Three Hundred and Sixty Six Only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., July 01, July 02, and July 03, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/606 | |