RBI: SGB 2018-19 Series-II final redemption on October 23, price fixed at ₹14,425 per unit
RBI has said the final redemption date for Sovereign Gold Bonds of 2018-19 Series-II is October 23, 2026. The redemption price for that date is fixed at ₹14,425 per unit of SGB.
What this means for you: This matters to people who bought Sovereign Gold Bonds of 2018-19 Series-II. Their eight-year term ends on October 23, 2026, when the final redemption takes place. People who did not buy these bonds are not directly affected.
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