Reserve Bank of India – Press Releases
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In terms of Government of India Notification F.No.4(19)-W&M/2014 dated March 04, 2016 and RBI circular IDMD.CDD.No.2020/14.04.050/2015-16 dated March 04, 2016, the redemption price of Sovereign Gold Bond (SGB) is based on the simple average closing gold price of 999 purity [published by the India Bullion and Jewellers Association Ltd (IBJA)] of the week (Monday-Friday) preceding the date of redemption.
Accordingly, the redemption price for the early redemption due on March 29, 2021 shall be ₹4491/- per unit of SGB and payable on March 26, 2021 (March 27, 28 and 29 being Saturday, Sunday and Holiday respectively).
Ajit Prasad
Director
Press Release: 2020-2021/1302
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