SGB 2018-19 Series-III to redeem at ₹14,024 per unit on November 13, 2026
The 2018-19 Series-III Sovereign Gold Bond will be redeemed at ₹14,024 per unit when it matures on November 13, 2026, according to a press release issued by Ajit Prasad, Deputy General Manager (Communications). That is the price holders of the eight-year tranche will receive for each unit.
The figure is not a fixed return. Under the scheme, redemption is priced on the simple average of the closing price of 999-purity gold over the three business days before maturity, as published by the India Bullion and Jewellers Association Ltd (IBJA). For this tranche those days are November 10, November 11 and November 12, 2026.
The bond was issued on November 13, 2018, under a government notification dated October 8, 2018, and is repayable on the expiration of eight years from the issue date. That fixes the final redemption date at November 13, 2026.
The redemption price is the last number SGB investors in this tranche will see, and it ties their payout directly to where gold trades in the final three sessions before maturity rather than to any earlier peak.
