Reserve Bank of India (RBI) has fixed Rs12,198 per unit as the premature redemption price for the sovereign gold bond (SGB) 2020-21 series-I, which becomes eligible for early redemption on 28 October 2025. According to an official statement from RBI, investors who subscribed to this tranche in April 2020 can opt for early redemption starting Tuesday, marking the fifth anniversary of the bond issue. The redemption price has been calculated on the basis of the simple average of closing gold prices of 999 purity published by the India Bullion and Jewellers Association (IBJA) for the three business days preceding the redemption date — 23rd, 24th and 27 October 2025. RBI says, “The redemption price for premature redemption due on 28 October 2025, shall be Rs12,198 per unit of

See Full Page