The Reserve Bank of India (RBI) on January 20, 2025, notified regarding the Premature redemption under the Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on January 21, 2025 (Series VIII of SGB 2019-20).
The following has been stated namely: -
• It states that the due date of premature redemption of SGB 2019-20 Series VIII shall be January 21, 2025.
• It further states that the redemption price for premature redemption due on January 21, 2025, shall be Rs. 7,926/- per unit of SGB based on the simple average of closing gold price for the three business days i.e., January 16, January 17, and January 20, 2025.
[Press Release: 2024-2025/1962]
