Overview

• Premature redemption opens on August 11 for the 2019-20 Series-IX and 2020-21 Series-V, exactly five years after their issue dates.
• The ₹10,070 per unit price reflects the simple average of 999-purity gold closing prices published by the India Bullion and Jewellers Association.
• At this level, Series-IX holders lock in about 147% in capital gains and Series-V holders roughly 89%, excluding the 2.5% annual interest.
• Sovereign Gold Bonds carry an eight-year tenor with 2.5% per annum interest credited semiannually and permit early exit solely on coupon payment dates after year five.
• The RBI’s April–September 2025 redemption schedule remains in force, covering multiple other tranches eligible for premature payout.