RBI Announces Premature Redemption Price for Sovereign Gold Bond 2019-20 Series IV

The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2019-20 Series IV, effective March 17, 2026. Investors who hold the bonds for at least five years can redeem them on interest payout dates. The redemption price is set at Rs 15,814 per unit, reflecting a return of approximately 312% for online investors from the initial issue price. No new SGB series has been announced recently, with the last tranche issued in February 2024.