Issue price
₹2,901 per gram
SGB 2017-18 Series I: Issue Price ₹2,901, Redemption Dates and Value Today
Source: RBI press releases · latest release 2 May 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹9,486 up by ₹6,585 (226.99%)
for the redemption due 9 May 2025 · RBI, 2 May 2025
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 12 May and 12 Nov
- Premature redemption
- From 12 May 2022 (five years from issue), on each interest date
- Maturity
- 12 May 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 9 May 2025 at ₹9,486 per unit
RBI’s redemption prices for SGB 2017-18 Series I
Frequently asked questions
What was the issue price of SGB 2017-18 Series I?
₹2,901 per gram. It was open for subscription from 24 Apr 2017 to 28 Apr 2017 and issued on 12 May 2017 (RBI press release of 21 Apr 2017).
When does SGB 2017-18 Series I mature?
On 12 May 2025, eight years from its issue on 12 May 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 2017-18 Series I be redeemed early?
It can no longer be redeemed: the tranche matured on 12 May 2025.
How much interest does SGB 2017-18 Series I pay?
2.5% a year on the issue price of ₹2,901 per gram — ₹72.53 per unit a year, paid in two halves on 12 May and 12 Nov, the last one with the redemption. Interest is taxable as income.