The Reserve Bank of India (RBI), on July 20, 2026, announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series VIII, which is eligible for redemption on July 21, 2026, in accordance with the Sovereign Gold Bond Scheme.
The redemption price has been fixed at ₹14,170 per unit, based on the simple average of the closing price of 999 purity gold published by the India Bullion and Jewellers Association Ltd. (IBJA) for the three preceding business days, namely July 16, July 17, and July 20, 2026.
The premature redemption facility is available after the completion of five years from the date of issue and can be exercised on the interest payment dates, as provided under the Government of India notification governing the Sovereign Gold Bond Scheme.
[Press Release No. 2026-2027/718]
