New Delhi, July 16 -- The Reserve Bank of India (RBI) has fixed the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series II at Rs.14,199 per gram for investors opting to redeem their bonds on July 16, 2026.

Under the Sovereign Gold Bond Scheme, investors can redeem their bonds before the scheduled eight-year maturity after completing five years from the date of issue, provided the redemption falls on an interest payment date. The redemption price is determined using the simple average of the closing price of 999 purity gold published by the India Bullion and Jewellers Association (IBJA) for the previous three business days. For this redemption, RBI used the average closing prices for July 13, 14 and 15, 2026.

The SGB ...