Press release regarding Premature redemption under Sovereign Gold Bond (SGB) Scheme-Redemption Price for premature redemption due on September 17, 2022 (SGB 2016-2017-Series IV)(dated-09.09.2022)-RBI.
View PdfPress release regarding Premature redemption under Sovereign Gold Bond (SGB) Scheme-Redemption Price for premature redemption due on September 17, 2022 (SGB 2016-2017-Series IV)(dated-09.09.2022)-RBI.
- Further, the redemption price of SGB shall be based on the simple average of 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 premature redemption due on September 17, 2022 shall be Rs.5077/- (Rupees Five Thousand Seventy-seven only) per unit of SGB based on the simple average of closing gold price for the week September 05-09, 2022, refer attachment for further details.
