The Reserve Bank of India released details regarding the upcoming premature redemption window for the Sovereign Gold Bond 2018–19 Series‑VI. The redemption is being carried out in line with the terms laid out in the Government of India notification dated October 08, 2018.
The RBI confirmed that this tranche becomes eligible for early redemption on February 12, 2026, marking the completion of 5 years since issuance. The central bank has also published the applicable redemption price, calculated as per the notified methodology.
The SGB 2018–19 Series‑VI was originally issued on February 12, 2019. As per scheme guidelines, premature redemption is allowed only after the fifth year from the date of issue and specifically on interest payment dates.
Accordingly, the RBI stated that February 12, 2026, is the next eligible redemption date for bondholders of this tranche. These operational details align directly with the Government of India’s notification.
The Sovereign Gold Bond Scheme was introduced by the Government of India to offer investors a digital alternative to physical gold. The programme enables individuals to invest in gold without storage or security concerns.
Interest on these bonds is paid semi-annually, and the bonds mature after 8 years, with an exit option available after 5 years. The scheme also pegs redemption prices to market-linked gold rates, ensuring transparency for investors.
The RBI confirmed that the redemption price for early exit is based on the simple average of closing prices of 999‑purity gold for the previous 3 business days, as published by the India Bullion and Jewellers Association Ltd. For the redemption due on February 12, 2026, prices from February 09, 2026, February 10, 2026, and February 11, 2026, were used.
Based on this calculation, the redemption price has been fixed at ₹15,615 per unit of SGB. This price reflects prevailing bullion market levels during the assessment period.
Read More: Best Gold Stocks in India for February 2026.
The RBI’s announcement provides key operational details for investors planning to redeem their SGB 2018–19 Series‑VI holdings. The eligibility date aligns with the mandatory 5‑year lock‑in period set under the scheme.
The redemption price of ₹15,615 per unit reflects the average gold prices published by IBJA. These updates ensure transparency and consistency in the SGB redemption process.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.
Published on: Feb 12, 2026, 11:27 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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