The Reserve Bank of India (RBI) has announced the premature redemption price for (SGB 2019-20 Series V - Issue date October 15, 2019). According to a statement from the RBI, gold bond investors will have the option to redeem this SGB tranche prematurely from October 15, 2026.
The premature redemption of the SGB series is permitted after the fifth year from the date of the issue of such gold bonds on the date on which interest is payable, as per the statement from the RBI.
