Issue price
₹2,780 per gram
SGB 2017-18 Series II: Issue Price ₹2,780, Redemption Dates and Value Today
Source: RBI press releases · latest release 25 Jul 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹9,924 up by ₹7,144 (256.98%)
for the redemption due 28 Jul 2025 · RBI, 25 Jul 2025
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 28 Jul and 28 Jan
- Premature redemption
- From 28 Jul 2022 (five years from issue), on each interest date
- Maturity
- 28 Jul 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 28 Jul 2025 at ₹9,924 per unit
RBI’s redemption prices for SGB 2017-18 Series II
Frequently asked questions
What was the issue price of SGB 2017-18 Series II?
₹2,780 per gram. It was open for subscription from 10 Jul 2017 to 14 Jul 2017 and issued on 28 Jul 2017 (RBI press release of 7 Jul 2017).
When does SGB 2017-18 Series II mature?
On 28 Jul 2025, eight years from its issue on 28 Jul 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 II be redeemed early?
It can no longer be redeemed: the tranche matured on 28 Jul 2025.
How much interest does SGB 2017-18 Series II pay?
2.5% a year on the issue price of ₹2,780 per gram — ₹69.50 per unit a year, paid in two halves on 28 Jul and 28 Jan, the last one with the redemption. Interest is taxable as income.