SGB premature redemption calendar (October 2025-March 2026): RBI releases key dates and details

The Reserve Bank of India (RBI) recently released the timeline for the premature redemption of Sovereign Gold Bonds (SGBs) between October 2025 and March 2026.

The RBI publishes the list of SGBs up for premature redemption every six months, opening applications for investors to redeem early.

In the last few months, since April, as many as 31 SGB series were due for premature redemption. Many of these SGBs have delivered bumper returns of up to 250% on soaring gold prices.

SGBs Scheme Calendar

Here are the details of the SGBs due for premature redemption between October 2025 and March 2026, and the available window during which investors can submit an early redemption request, as per RBI data:

Note: These dates can be revised in case of unscheduled holiday(s).

SGBs and redemption

SGBs are government-backed securities that are measured in grams of gold. They act as a convenient alternative to physical gold. While the tenure of these bonds is eight years, they can be redeemed early after five years from issuance.

The redemption price of SGBs is calculated on the basis of the simple average of the closing gold price of 999 purity of the previous three business days from the date of redemption. The rates are taken from the India Bullion and Jewellers Association Ltd (IBJA).

On top of the returns, SGBs offer an annual interest of 2.5% to investors that is credited into their accounts twice a year.

During April to September 2024, 26 SGB series were due for premature redemption. Meanwhile, between April and September 2025, 34 series were scheduled for early redemption, out of which 31 have already been redeemed by investors.

The SGBs that are yet to be due for early redemption are:

As gold prices have been on the rise since the start of this year, the central government isn't expected to release any new tranches of these gold bonds anytime soon. Gold has jumped over 25% just in 2025, crossing the ₹1 lakh level multiple times throughout the year and touching several all-time highs.

Until SGBs are cost-effective as compared to other borrowing tools like Government Securities (G-Secs), it is unlikely for the centre to issue fresh tranches.