New Delhi, Oct. 31 -- Investors holding SGB 2021-22 Series VII will be eligible for premature redemption on 2 November 2026, following the completion of five years from the date of issuance. The Reserve Bank of India (RBI) has fixed the redemption price of the Sovereign Gold Bonds (SGBs) at Rs.14,167 per gram.

According to the RBI's press release dated 30 October, the 2021-22 Series VII tranche was issued on 2 November 2021. "Premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the due date of premature redemption of the above tranche shall be on November 02, 2026."

Sovereign Gold Bonds are government securities denominated in ...