Archive · 6 Sep 2025
RBI Announces Early Redemption for Sovereign Gold Bonds
The RBI is letting people cash in their Sovereign Gold Bonds early.
These bonds were sold in 2020, and now investors can get their money back, plus a profit!
The bonds were sold at a price of 5,117 rupees, and now they are worth 10,610 rupees.
This is a good return, not counting the interest earned over the years.
The government launched these bonds in 2015 as an alternative to buying gold.
These bonds paid interest.
The RBI decided to end the sale of these bonds because their goal was achieved and management costs increased.
RBI announced premature redemption of Sovereign Gold Bonds (SGBs) under the 2020-21 Series VI.
The bonds were originally issued on September 8, 2020.
Redemption was permitted on September 6, 2025.
The redemption price is Rs 10,610 per unit, a gain of over 107% from the issue price.
The government discontinued fresh issuances of SGBs in October 2023.
- Who
- The Reserve Bank of India (RBI)
- What
- Announced early redemption of Sovereign Gold Bonds (SGBs) 2020-21 Series VI.
- When
- Redemption occurred on September 6, 2025.
- Where
- Not explicitly stated.
- Why
- The scheme had largely achieved its objectives, and the cost of managing the bonds had grown significantly.
- Bonds Redeemed
- Sovereign Gold Bonds (SGBs) 2020-21 Series VI
- Issue Date
- September 8, 2020
- Redemption Date
- September 6, 2025
- Redemption Price
- Rs 10,610 per unit
- Original Issue Price
- Rs 5,117 per unit
- Gain
- 107.35% - 108% (excluding interest)
- Interest Rate
- 2.5% annually, paid semi-annually