Neutral impactCommodity
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series VI due on October 30, 2026
RBI 49 min ago·29 Oct 2026, 12:31 pm
Commodity RBI
The government has announced the redemption date for the Sovereign Gold Bond (SGB) Series VI, issued in October 2019. This tranche is now eligible for premature redemption, which means investors can sell their bonds back to the Reserve Bank of India (RBI) after the fifth year. The specific date for this redemption is October 30, 2026. This move provides an exit option for investors who may want to liquidate their holdings before the bond matures in 2030.
This development is significant for investors holding these bonds as it offers liquidity and a clear timeline for potential exit. The redemption price will be calculated based on the simple average price of gold, providing a benchmark for valuation. For those considering holding the bond until maturity, this date is a key milestone to track. Investors should review their portfolio and decide whether to redeem early or wait for the final maturity date.
Key takeaways
- Category: Commodity.
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