The Reserve Bank of India (RBI) on May 29, 2026, issued premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2021-22 Series-II due on June 01, 2026.
The notification states that, in accordance with the Government of India guidelines under the Sovereign Gold Bond (SGB) Scheme, premature redemption is permitted after the completion of five years from the date of issue, on an interest payment date. Accordingly, for the SGB 2021–22 Series-II tranche (issued on June 01, 2021), the eligible date for premature redemption is June 01, 2026.
It further clarifies that the redemption price is determined based on the simple average of the closing prices of gold (999 purity) for the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). Based on this methodology, the redemption price for June 01, 2026 has been fixed at ₹15,672 per unit, calculated using prices from May 26, May 27, and May 29, 2026.
[Press Release: 2026-2027/358]
