Press release- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on November 11, 2022 (November 12 and November 13, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series VII)(dated- 10.11.2022)-RBI.
View PdfPress release- Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on November 11, 2022 (November 12 and November 13, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series VII)(dated- 10.11.2022)-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 11, 2022 (November 12 and November 13, 2022 being Saturday and Sunday respectively) shall be `5133/- (Rupees Five thousand one hundred thirty-three only) per unit of SGB based on the simple average of closing gold price for three business days i.e., November 07, 09 and 10, 2022, refer attachment for further details.
