Economy
SGB 2019-20 Series V Sets ₹14,725 Premature Redemption Price
The next premature redemption window for SGB 2019-20 Series V is set for October 15, 2026, at ₹14,725 per unit.
What happened
Sovereign Gold Bond 2019-20 Series V, issued on October 15, 2019, becomes eligible for premature redemption after five years. The next redemption date is October 15, 2026. The redemption price is ₹14,725 per unit, calculated from the average gold closing prices over October 12, 13 and 14.
Why it matters
Eligible bondholders have a defined cash-out value for premature redemption: ₹14,725 per SGB unit on the specified October 15, 2026 date.
Source: RBI