Press release-Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on November 25, 2022 (November 26 and November 27, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series IX) (dated-24.11.2022)-RBI.
View PdfPress release-Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on November 25, 2022 (November 26 and November 27, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series IX) (dated-24.11.2022)-RBI.
- Further, the redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on November 25, 2022 (November 26 and November 27, 2022 being Saturday and Sunday respectively) shall be `5255/- (Rupees Five thousand two hundred fifty-five only) per unit of SGB based on the simple average of closing gold price for three business days i.e., November 22, 23 and 24 2022, refer attachment for further details.
