Press release -RBI -Premature redemption under Sovereign Gold Bond (SGB) Scheme-Redemption Price for premature redemption due on December 09, 2022 (December 10 and December 11, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series XI) (dated-08.12.2022)-RBI.
View PdfPress release -RBI -Premature redemption under Sovereign Gold Bond (SGB) Scheme-Redemption Price for premature redemption due on December 09, 2022 (December 10 and December 11, 2022 being Saturday and Sunday respectively) (SGB 2017-18 Series XI) (dated-08.12.2022)-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 09, 2022 (December 10 and December 11, 2022 being Saturday and Sunday respectively) shall be ₹5366/- (Rupees Five thousand three hundred sixty-six only) per unit of SGB based on the simple average of closing gold price for three business days i.e., December 06, December 07 and December 08, 2022 and refer attachment for further details.
