Reserve Bank of India – Press Releases
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In terms of GOI notification [F.No.4(19)-W&M/2014] and Reserve Bank of India (RBI) circular IDMD.CDD.No.939/14.04.050/2015-16, dated October 30, 2015 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 May 30, 2021 shall be ₹4837/- per unit of SGB and payable on May 29, 2021 (May 30, 2021 being a Sunday). Ajit Prasad Press Release: 2021-2022/274 |
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