Tag: Sovereign Gold

Sovereign Gold Bond 2025: RBI Reveals Premature Redemption Dates from April to September 2025

Sovereign Gold Bond (SGB) Premature Redemption Details from the RBI

The Reserve Bank of India (RBI) has issued a press release dated February 21, 2025, outlining the details of the Sovereign Gold Bond (SGB) tranches that are scheduled for premature redemption between April and September 2025. Additionally, the press release details a window for investors to submit requests if they wish to encash their SGB via premature redemption.

SGBs offer an opportunity to invest in gold digitally while earning interest, making them an attractive option for investors seeking security and stable returns from gold. Premature redemption of these bonds is allowed after completing five years from the bond’s issue date.

Schedule of SGBs Premature Redemption (April – September 2025)

Below is the list provided by the RBI regarding Sovereign Gold Bonds that are scheduled for premature redemption during the specified period.

Note: The premature redemption dates may change in case of unscheduled holidays. Investors are advised to be aware of the submission periods for redemption requests if they opt to redeem their holdings before maturity. The price for scheduled premature redemption will be based on the average closing price of gold for the previous week.

SGB Premature Redemption List (April – September 2025)

What are Sovereign Gold Bonds?

The RBI issues Sovereign Gold Bonds (SGBs) as government securities on behalf of the Indian government. These bonds are denominated in grams of gold and provide an alternative to holding physical gold while offering periodic interest.

Who is Eligible to Invest in SGBs?

According to the SGB scheme rules, “Persons resident in India as defined under the Foreign Exchange Management Act, 1999 are eligible to invest in SGB.” Eligible investors include individuals, Hindu Undivided Families (HUFs), trusts, universities, and charitable institutions. Individual investors who subsequently change their residential status from resident to non-resident may continue to hold SGB until early redemption or maturity.

How to Invest in SGBs?

SGBs are issued in tranches (series) by the RBI at various times throughout the financial year. Investors can apply through:

By taking advantage of the SGBs, investors can secure their gold investments while earning interest, providing a valuable addition to their portfolios.

Sovereign Gold Bond Scheme 2022-23 (Series I) – Issue Price

In terms of Government of India Notification No.4(6)-B(W&M)/2022 dated June 15, 2022, Sovereign Gold Bonds 2022-23 (Series I) will be opened for subscription during the period June 20-24, 2022 with Settlement date June 28, 2022. The issue price of the Bond during the subscription period shall be ` 5,091 (Rupees five thousand ninety one only) per gram, as also published by RBI in their Press Release dated June 17,  2022.             

Government of India in consultation with the Reserve Bank of India has decided to allow discount of 50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be 5,041 (Rupees five thousand forty one only) per gram of gold.