The Reserve Bank of India (RBI), on July 21, 2026, announced the premature redemption price for Sovereign Gold Bond (SGB) 2018-19 Series V, which is eligible for redemption on July 22, 2026, in accordance with the Sovereign Gold Bond Scheme.
The redemption price has been fixed at ₹14,218 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 17, July 20, and July 21, 2026.
The premature redemption facility is available after completion of five years from the date of issue and can be exercised only on the scheduled interest payment dates, as provided under the Government of India notification governing the Sovereign Gold Bond Scheme.
[Press Release No. 2026-2027]
