The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign SGB 2019-20 Series-I-Issue date June 11, 2019. According to a statement from the Central Bank, investors will have the option to redeem this SGB tranche prematurely from June 11, 2026.
The premature redemption of the SGB series will be 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 RBI statement.
