Issue price
₹2,893 per gram
SGB 2016-17 Series IV: Issue Price ₹2,893, Redemption Dates and Value Today
Source: RBI press releases · latest release 13 Mar 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹8,624 up by ₹5,731 (198.10%)
for the redemption due 17 Mar 2025 · RBI, 13 Mar 2025
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 17 Mar and 17 Sep
- Premature redemption
- From 17 Mar 2022 (five years from issue), on each interest date
- Maturity
- 17 Mar 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 17 Mar 2025 at ₹8,624 per unit
RBI’s redemption prices for SGB 2016-17 Series IV
Frequently asked questions
What was the issue price of SGB 2016-17 Series IV?
₹2,893 per gram. It was open for subscription from 27 Feb 2017 to 3 Mar 2017 and issued on 17 Mar 2017 (RBI press release of 23 Feb 2017).
When does SGB 2016-17 Series IV mature?
On 17 Mar 2025, eight years from its issue on 17 Mar 2017. RBI repays the unit at the simple average of IBJA’s closing price of 999 gold over the three business days before the date, and pays the last interest with it.
When can SGB 2016-17 Series IV be redeemed early?
It can no longer be redeemed: the tranche matured on 17 Mar 2025.
How much interest does SGB 2016-17 Series IV pay?
2.5% a year on the issue price of ₹2,893 per gram — ₹72.33 per unit a year, paid in two halves on 17 Mar and 17 Sep, the last one with the redemption. Interest is taxable as income.