RBI sets final redemption of SGB 2018-19 Series-III at ₹14,024
In short
The Reserve Bank of India said SGB 2018-19 Series-III will be finally redeemed on November 13, 2026.
The final price is ₹14,024 per unit. This tells bondholders what they will get at maturity.
What the reporting says
The Reserve Bank of India said the Sovereign Gold Bond 2018-19 Series-III will be finally redeemed on November 13, 2026, eight years after issue. The RBI said the redemption price will be ₹14,024 per unit, based on the simple average of gold prices for November 10, 11 and 12, 2026, as published by the India Bullion and Jewellers Association. The announcement gives bondholders the final payout for the tranche.
Why it matters
The RBI announced final redemption for Sovereign Gold Bond 2018-19 Series-III on November 13, 2026, eight years after issuance. It set the redemption price at ₹14,024 per unit, calculated from the average gold price over November 10, 11 and 12, 2026, using IBJA data. The notice matters to SGB holders and to investors tracking gold-linked government securities.