The Reserve Bank of India (RBI) on October 28, 2026, announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series I, issued on 28 April 2020, with the next eligible premature redemption date falling on 28 October 2026.
As per the Government of India notification dated 13 April 2020, premature redemption is permitted after completion of five years from the date of issue, on the interest payment date. The redemption price is determined based on the simple average of the closing price of 999-purity gold for the preceding three business days, as published by the India Bullion and Jewellers Association Ltd. (IBJA).
Accordingly, the premature redemption price has been fixed at ₹14,159 per unit, based on the average closing gold prices for 23, 26 and 27 October 2026.
[RBI Press Release No. 2026-2027/1394]
