RBI Sets Sovereign Gold Bond 2018-19 Series VI Redemption Price at ₹15,102 Per Unit for August 12, 2026

On August 11, 2026, The Reserve Bank of India has issued a formal notification regarding the premature redemption of the Sovereign Gold Bond 2018-19 Series VI.  

This specific tranche was originally issued on February 12, 2019, and the governing guidelines permit early exit options after the completion of the 5th year from the issuance date. 

Details of the Premature Redemption Price 

The redemption price for the Sovereign Gold Bond 2018-19 Series VI is scheduled for August 12, 2026. According to the regulatory guidelines, the price is determined by calculating the simple average of the closing price of gold with 999 purity for the 3 business days preceding the redemption date. 

Based on the data provided by the India Bullion and Jewellers Association Ltd for August 07, August 10, and August 11, 2026, the final redemption price per unit is fixed at ₹15,102.  

This redemption is available on the interest payment date, aligning with the terms established in the government notification dated October 08, 2018. 

Regulatory Framework for Gold Bond Redemptions 

The Sovereign Gold Bond scheme allows investors to opt for premature redemption under specific conditions. Investors become eligible for this facility 5 years after the initial date of issuance, provided the request coincides with the interest payment dates.  

The pricing methodology ensures that the redemption value reflects the current market valuation of gold over the identified 3 day period. 

Redemption Price and Investment Returns 

The redemption price for SGB 2018-19 Series-VI has been fixed at ₹15,102 per unit. The bonds were initially issued at ₹3,276 per gram for online subscribers and ₹3,326 per gram for offline investors.  

Based on the online issue price, the absolute gain amounts to ₹11,826 per unit, excluding interest earnings. This translates to an absolute return of approximately 361.00%, reflecting strong gold price appreciation over the holding period.  

Overview Of Sovereign Gold Bonds 

Sovereign Gold Bonds are government-backed securities denominated in grams of gold and issued by the RBI on behalf of the Government of India. These instruments offer a fixed interest rate along with potential capital gains linked to gold price movements. 

SGBs aim to reduce physical gold demand while providing investors with a convenient and secure investment option. The bonds typically have an 8-year maturity, with early redemption permitted after the fifth year under specified conditions. 

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Conclusion 

The Reserve Bank of India confirmed the premature redemption price for the Sovereign Gold Bond 2018-19 Series VI at ₹15,102 per unit for August 12, 2026, based on gold prices from August 07, 10, and 11, 2026. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.