Issue price
₹2,956 per gram
₹2,906 for online applications paying digitally
SGB 2017-18 Series III: Issue Price ₹2,956, Redemption Dates and Value Today
Source: RBI press releases · latest release 15 Oct 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹12,567 up by ₹9,611 (325.14%)
for the redemption due 16 Oct 2025 · RBI, 15 Oct 2025
Key dates
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 16 Oct and 16 Apr
- Premature redemption
- From 16 Oct 2022 (five years from issue), on each interest date
- Maturity
- 16 Oct 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 16 Oct 2025 at ₹12,567 per unit
RBI’s redemption prices for SGB 2017-18 Series III
Frequently asked questions
What was the issue price of SGB 2017-18 Series III?
₹2,956 per gram, ₹2,906 for online applications paying digitally. One of the weekly tranches open from Monday to Wednesday; it was issued on 16 Oct 2017 (RBI press release of 6 Oct 2017).
When does SGB 2017-18 Series III mature?
On 16 Oct 2025, eight years from its issue on 16 Oct 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 III be redeemed early?
It can no longer be redeemed: the tranche matured on 16 Oct 2025.
How much interest does SGB 2017-18 Series III pay?
2.5% a year on the issue price of ₹2,956 per gram — ₹73.90 per unit a year, paid in two halves on 16 Oct and 16 Apr, the last one with the redemption. Interest is taxable as income.