Press release- Premature redemption under Sovereign Gold Bond (SGB) Scheme -Redemption Price for premature redemption due on July 28, 2022 (Series II of SGB 2017 – 18) (dated-22.07.2022)-RBI.

  • 25th, July 2022
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 Press release- Premature redemption under Sovereign Gold Bond (SGB) Scheme -Redemption Price for premature redemption due on July 28, 2022 (Series II of SGB 2017 – 18) (dated-22.07.2022)-RBI.

  • Further, the redemption price of SGB shall be based on the simple average closing gold price of 999 purity of the week (Monday-Friday) preceding the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for the first premature redemption due on July 28, 2022 shall be Rs.5054/- (Rupees Five thousand fifty-four only) per unit of SGB based on the simple average of closing gold price for the week July 18-22, 2022, refer attachment for further details.
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