Positive impactCorporate Action
SGB 2019-20 Series V: Investors to pocket 294% gains on premature redemption — key dates and tax rules explained
Mint 1 hr ago·15 Oct 2026, 8:11 am
The Government of India has announced the premature redemption price for the Sovereign Gold Bond (SGB) Series V (2019-20). Investors can redeem their bonds on October 15, 2026, at a rate of ₹14,725 per gram. This price represents a significant appreciation over the issue price, offering substantial capital gains to those holding the bonds until maturity.
This development is important for investors who may be looking to liquidate their gold holdings before the final maturity date. However, a key change introduced in the Union Budget 2026 is that premature redemption will no longer qualify for the capital gains tax exemption. Investors should calculate their net returns after accounting for the applicable tax on the gains.
What to watch next is the final tax calculation rules. Investors should verify the specific tax slab applicable to their gains and ensure they complete the redemption process before the deadline to secure the redemption price.
Excerpt from Mint
SGB 2019-20 Series V investors can redeem their bonds at ₹ 14,725 per gram on October 15, 2026. Price gains range from 289% to 294%, excluding interest and taxes. Budget 2026 changes mean premature redemption is no longer eligible for the capital gains tax exemption. The Reserve Bank of India ( RBI ) has set the…Read the original at Mint
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