SGB 2019-20 Series V investors set to redeem at ₹14,725 per gram
In short
SGB 2019-20 Series V holders can redeem their bonds at ₹14,725 per gram on October 15, 2026. The report says the gain is around 289% to 294%, not counting interest and taxes.
This matters because investors may make a large profit, but Budget 2026 changed the tax rule for early redemption. The report does not say how many people are affected.
What the reporting says
SGB 2019-20 Series V investors can redeem the bonds at ₹14,725 per gram on October 15, 2026, according to the publisher summary. The report says gains range from 289% to 294% excluding interest and taxes, and notes Budget 2026 changes mean premature redemption is no longer eligible for the capital gains tax exemption. The redemption benefit is clear, but the tax treatment is less favorable than before.
Why it matters
SGB 2019-20 Series V investors are due to redeem at ₹14,725 per gram on October 15, 2026, with reported gains of 289% to 294% before interest and taxes. The summary also says Budget 2026 removes the capital gains tax exemption for premature redemption. That affects investor returns directly, but the report does not say how many bonds are outstanding or how many holders will redeem early.