SGB 2018-19 Series III Delivers 347.62% Return as RBI Opens Premature Redemption on November 13, 2026

The Reserve Bank of India has announced the final redemption price of ₹14,024 per unit for Sovereign Gold Bond 2018 to 19 Series III, issued on November 13, 2018.  

Due on November 13, 2026, this tranche delivers an absolute return of ₹10,891 per unit, or 347.62%, over its online issue price of ₹3,133 per gram, turning a ₹1,00,000 investment into approximately ₹4,48,000 before factoring in interest. 

SGB Redemption Price Calculation and Valuation 

The Reserve Bank of India fixed the ₹14,024 redemption price based on the simple average closing price of 999 purity gold published by the India Bullion and Jewellers Association for the preceding 3 working days of November 10, November 11, and November 12, 2026.  

Sovereign Gold Bonds have a tenure of 8 years, with premature redemption permitted after the 5th year on interest payout dates. 

Interest Rate and Capital Gains Taxation Rules 

Sovereign Gold Bonds are government securities denominated in grams of gold, issued by the Reserve Bank of India on behalf of the central government.  

These bonds pay a fixed interest rate of 2.50% per annum on the initial investment amount, compared to 2.75% for tranches issued in financial year 2015 to 16.  

Capital gains arising upon full maturity after 8 years are exempt from tax, whereas early redemption or secondary market sales attract standard short term or long term capital gains tax 

Read More: SGB 2020-21 Series VII Delivers 192% return as RBI Opens Premature Redemption on October 19, 2026! 

Conclusion 

On November 13, 2026, the Reserve Bank of India fixed the Sovereign Gold Bond 2018 to 19 Series III redemption price at ₹14,024 per unit against a ₹3,133 issue price, yielding a 347.62% return alongside 2.50% annual interest. 

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