Gold bond investors alert: RBI fixes ₹15,334 premature redemption price for SGB 2021-22 Series VI

Sovereign Gold Bond (SGB) investors have an important date coming up. The Reserve Bank of India (RBI) has fixed the premature redemption price at ₹15,334 per unit for SGB 2021-22 Series VI, with the redemption due on September 7, 2026.

The SGB 2021-22 Series VI was issued on September 7, 2021. As per the Government of India notification F.No. 4(5)-B(W&M)/2021 dated May 12, 2021, premature redemption of a Gold Bond may be permitted after the fifth year from the date of issue, on the date on which interest is payable.

Accordingly, September 7, 2026, is the due date for premature redemption of SGB 2021-22 Series VI.

How is the premature redemption price of an SGB calculated?

For the September 7, 2026 redemption, the applicable price has been fixed at ₹15,334 per SGB unit. The price is based on the simple average of the closing prices of 999-purity gold for the three business days preceding the redemption date, September 2, September 3 and September 4, 2026.

SGB premature redemption calendar for October 2026-March 2027

Under the SGB scheme, investors can opt for premature redemption once five years have passed from the date of issue. The bonds otherwise have an eight-year maturity period. Investors therefore need to keep track of the applicable redemption date for their particular tranche.

The premature redemption facility does not mean that investors can exit their SGB holdings at any time. The redemption takes place on the applicable date for the respective tranche after the five-year period has been completed.

For investors holding SGB 2021-22 Series VI, the key date to remember is September 7, 2026, when premature redemption is due at ₹15,334 per unit.