Press release- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on December 17, 2022 (December 18, 2022 being a Sunday) (SGB 2017-18 Series XII) (dated-16.12.2022)-RBI.
View PdfPress release- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on December 17, 2022 (December 18, 2022 being a Sunday) (SGB 2017-18 Series XII) (dated-16.12.2022)-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 December 17, 2022 (December 18, 2022 being a Sunday) shall be ₹5409/- (Rupees Five thousand four hundred and nine only) per unit of SGB based on the simple average of closing gold price for three business days i.e., December 14, December 15 and December 16, 2022 and refer attachment for further details.
