If you hold Sovereign Gold Bond (SGB) 2021-22 Series II, the Reserve Bank of India (RBI) has announced the price at which these bonds can be redeemed early on 1 June 2026.
Under the Sovereign Gold Bond Scheme, you can choose premature redemption after completing five years from the date of issue, provided the redemption date coincides with an interest payment date.
Since this series was issued on 1 June 2021, it becomes eligible for premature redemption on 1 June 2026. The RBI has fixed the premature redemption price at ₹15,672 per unit.
This amount has been calculated using the simple average of the closing prices of 999 purity gold published by the India Bullion and Jewellers Association Ltd. (IBJA) over the previous three business days.
For this redemption, the calculation is based on gold prices recorded on 26 May, 27 May and 29 May 2026.
If you choose to redeem your SGB units on the due date, you will receive ₹15,672 for each unit held.
Sovereign Gold Bonds are government-backed securities linked to the value of gold. They offer investors an alternative to buying physical gold while also providing periodic interest during the investment period.
Source: Reserve Bank of India
