New Delhi, Sept. 17 -- SGB 2019-20 Series IV investors can prematurely redeem their bonds on September 17, 2026 at Rs.15,173 per unit, RBI said. For those who bought online at Rs.3,840 per gram, Rs.1 lakh invested at issue would be worth about Rs.3.95 lakh, excluding interest.

The Reserve Bank of India (RBI) has fixed the premature redemption price of Sovereign Gold Bond (SGB) 2019-20 Series IV at Rs.15,173 per gram for September 17, 2026. The tranche was originally issued on September 17, 2019, and investors become eligible for premature redemption after five years, subject to the scheme's redemption conditions.

The RBI calculates the redemption price using the simple average of the closing price of 999-purity gold for the three busine...