Sovereign Gold Bonds 2016 – I | Redeemable prematurely at Rs.5177 per unit: RBI
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- By Chetan Kulasri
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- Last Updated on 8 August, 2022
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Press Release: 2022-2023/663, Dated 05.08.2022
RBI has clarified that the redemption price for premature redemption due on August 08, 2022 shall be INR 5177/- (Rupees Five thousand One hundred Seventy-seven only) per unit of SGB based on the simple average of closing gold price for the week August 01-05, 202. The redemption price of SGB is based on the simple average of closing gold price of 999 purity of the week (Monday-Friday) preceding the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA).
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