The Reserve Bank of India (RBI) on July 17, 2026, issued a notification regarding the Redemption Price for premature redemption due on July 18, 2026 (July 19 being holiday) and SGB 2021-22 Series IV due on July 20, 2026.
The following has been stated namely: -
• Premature redemption is allowed for SGB 2020-21 Series X (issued 19 January 2021) and SGB 2021-22 Series IV (issued 20 July 2021) after completing 5 years, as per Government of India rules.
• The premature redemption dates are:
o July 18, 2026 for SGB 2020-21 Series X (July 19, is a holiday).
o July 20, 2026 for SGB 2021-22 Series IV.
• The redemption price has been fixed at ₹14,158 per SGB unit.
• The redemption price is based on the simple average of the closing price of 999 purity gold published by the India Bullion and Jewellers Association (IBJA) over the previous three business days.
• The average was calculated using the gold prices on July 15, 16, and 17 July 2026, resulting in the redemption price of ₹14,158 per unit.
[Notification No. 2026-2027/706]
