SGB 2018-19 Series-III: final redemption on 13 November 2026 at ₹14,024 per unit
RBI said on 12 November 2026 that SGB 2018-19 Series-III will be finally redeemed on 13 November 2026 at a redemption price of ₹14,024 per unit. This applies to investors who bought Gold Bonds in this tranche, issued on 13 November 2018.
What this means for you
If you hold Gold Bonds of the 2018-19 Series-III, your bond matures on 13 November 2026 and you will get ₹14,024 per unit. People who did not buy this bond are not directly affected.
Key facts
- Final redemption date: 13 November 2026
- Redemption price: ₹14,024 per unit of SGB
- Issue date: 13 November 2018
- Tenure: eight years from the date of issue
- Price basis: simple average of 999 purity gold closing prices on 10, 11 and 12 November 2026, as published by IBJA
What has happened
RBI issued a notice on 12 November 2026. It says the final redemption of Sovereign Gold Bond Scheme 2018-19 Series-III will take place on 13 November 2026. The bonds of this tranche were issued on 13 November 2018.
What is the redemption price
According to RBI, the redemption price for this final redemption is ₹14,024 per unit of SGB. This price is based on the simple average of the closing price of 999 purity gold on three business days — 10, 11 and 12 November 2026. That closing price is published by the India Bullion and Jewellers Association Ltd (IBJA).
What is an SGB
Under the Sovereign Gold Bond Scheme, the government issues Gold Bonds. The notice says the bonds are repayable on the expiry of eight years from the date of issue. The final redemption date of this tranche follows that rule.
Who is affected
This notice is for investors who hold Gold Bonds of the 2018-19 Series-III. They will be paid at ₹14,024 per unit on 13 November 2026. People who did not buy this bond are not directly affected.
What to do next
The RBI notice does not state any separate step for investors. For details about your bond, payment or anything else, contact the bank or post office you bought it from.
Questions and answers
When is the final redemption of SGB 2018-19 Series-III?
On 13 November 2026. According to RBI, this tranche was issued on 13 November 2018 and is repayable on the expiry of eight years from the issue date.
What is the redemption price?
₹14,024 per unit of SGB. It is based on the simple average of the closing price of 999 purity gold on 10, 11 and 12 November 2026.
How is the redemption price calculated?
It is the simple average of the closing price of 999 purity gold for the three business days before the redemption date, as published by IBJA.
Do I need to do anything?
The RBI notice does not state any separate step for investors. For details about your bond and payment, contact the bank or post office you bought it from.
Source: RBI, "Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series-III due on November 13, 2026", 12 November 2026. Read the original notice
This routine notice was drafted with AI from an official source and published automatically; an editor reviews it after publishing. Report an error