The Reserve Bank of India (RBI) has declared the final redemption price for the Sovereign Gold Bond (SGB) 2017–18 Series-III. The redemption will take place on October 16, 2025, marking the completion of the eight-year tenure from its issuance on October 16, 2017.

According to the RBI, the tranche was open for subscription between October 9–11, 2017, under the Government of India’s notification (F.No.4(25)-W&M/2017) dated October 6, 2017. As per the terms of the Sovereign Gold Bond Scheme, each bond is repayable after eight years, although investors are permitted to opt for premature redemption after five years, on interest payment dates. Advertisement

Final redemption price

For the SGB 2017–18 Series-III, the final redemption price has been fixed at ₹12,567 per gram. This rate is dete

See Full Page