The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign SGB 2020-21 Series-III issue date June 16, 2019. According to a statement from the Central Bank, investors will have the option to redeem this SGB tranche prematurely from June 16, 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.
