Neutral impactCommodity
Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series-III due on November 13, 2026
RBI 4 hrs ago·12 Nov 2026, 1:42 pm
Commodity RBI
The Government of India has announced that the final redemption date for the Sovereign Gold Bond (SGB) Series-III issued in November 2018 is November 13, 2026. This tranche, which was issued eight years ago, will now be repaid to investors. The redemption price will be determined based on the simple average of the closing price of 999 purity gold over the three business days preceding the date of redemption. This provides clarity for investors holding these specific bonds.
This announcement is significant as it marks the conclusion of a major tranche of the SGB program. For investors, it confirms the timeline for realizing the value of their investment, which is typically paid out in cash. The redemption price is linked to the market price of gold, meaning the final payout will reflect the current gold rates at that time. This helps investors track the performance of their gold holdings against the broader market.
Key takeaways
- Category: Commodity.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
