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Investors in the 2019-20 Series I Sovereign Gold Bonds (SGBs) stand to receive a gain of around 333% —excluding interest payouts—on premature redemption scheduled for Thursday (December 11).
The redemption price has been fixed at ₹12,801 per unit, based on the simple average of the closing gold prices of the three preceding working days—December 8, 9, and 10, 2025—as published by the India Bullion and Jewellers Association Ltd (IBJA).
The bonds were originally issued on June 11, 2019.
Premature redemption is allowed after the fifth year from the date of issue, on dates when interest is payable.
For context, the SGB 2017-18 Series XI was issued at ₹2,952 per gram for offline investors, with online purchases available at ₹2,902 per gram.
Investors who did not submit requests for premature redemption of this gold bond will need to wait until the next available exit date or sell the bonds on stock exchanges, where prices and liquidity vary.
TheSovereign Gold Bond Scheme allows retail investors to earn returns linked to gold prices along with fixed interest income, and the maturity proceeds are exempt from capital gains tax if held till the end.
According to Minister of State for Finance Pankaj Chaudhary, the government had mobilised around 146.96 tonnes of gold worth ₹72,275 crore through 67 tranches as of March 31, 2025. Up to June 15, 2025, investors had redeemed 18.81 tonnes worth of gold-equivalent bonds.
The redemption price has been fixed at ₹12,801 per unit, based on the simple average of the closing gold prices of the three preceding working days—December 8, 9, and 10, 2025—as published by the India Bullion and Jewellers Association Ltd (IBJA).
The bonds were originally issued on June 11, 2019.
Premature redemption is allowed after the fifth year from the date of issue, on dates when interest is payable.
For context, the SGB 2017-18 Series XI was issued at ₹2,952 per gram for offline investors, with online purchases available at ₹2,902 per gram.
Investors who did not submit requests for premature redemption of this gold bond will need to wait until the next available exit date or sell the bonds on stock exchanges, where prices and liquidity vary.
TheSovereign Gold Bond Scheme allows retail investors to earn returns linked to gold prices along with fixed interest income, and the maturity proceeds are exempt from capital gains tax if held till the end.
According to Minister of State for Finance Pankaj Chaudhary, the government had mobilised around 146.96 tonnes of gold worth ₹72,275 crore through 67 tranches as of March 31, 2025. Up to June 15, 2025, investors had redeemed 18.81 tonnes worth of gold-equivalent bonds.
