Issue price
₹2,987 per gram
₹2,937 for online applications paying digitally
SGB 2017-18 Series IV: Issue Price ₹2,987, Redemption Dates and Value Today
Source: RBI press releases · latest release 22 Oct 2025 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹12,704 up by ₹9,717 (325.31%)
for the redemption due 23 Oct 2025 · RBI, 22 Oct 2025
Key dates
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 23 Oct and 23 Apr
- Premature redemption
- From 23 Oct 2022 (five years from issue), on each interest date
- Maturity
- 23 Oct 2025 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 23 Oct 2025 at ₹12,704 per unit
RBI’s redemption prices for SGB 2017-18 Series IV
Frequently asked questions
What was the issue price of SGB 2017-18 Series IV?
₹2,987 per gram, ₹2,937 for online applications paying digitally. One of the weekly tranches open from Monday to Wednesday; it was issued on 23 Oct 2017 (RBI press release of 13 Oct 2017).
When does SGB 2017-18 Series IV mature?
On 23 Oct 2025, eight years from its issue on 23 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 IV be redeemed early?
It can no longer be redeemed: the tranche matured on 23 Oct 2025.
How much interest does SGB 2017-18 Series IV pay?
2.5% a year on the issue price of ₹2,987 per gram — ₹74.68 per unit a year, paid in two halves on 23 Oct and 23 Apr, the last one with the redemption. Interest is taxable as income.