Issue price
₹3,146 per gram
₹3,096 for online applications paying digitally
SGB 2018-19 Series II: Issue Price ₹3,146, Redemption Dates and Value Today
Source: RBI press releases · latest release 22 Oct 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Final redemption price
₹14,425 up by ₹11,279 (358.52%)
for the redemption due 23 Oct 2026 · RBI, 22 Oct 2026
Key dates
- Subscription period
- –
- 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 2023 (five years from issue), on each interest date
- Maturity
- 23 Oct 2026 (eight years from issue)
- Status
- Matured — RBI’s final redemption fell on 23 Oct 2026 at ₹14,425 per unit
RBI’s redemption prices for SGB 2018-19 Series II
Frequently asked questions
What was the issue price of SGB 2018-19 Series II?
₹3,146 per gram, ₹3,096 for online applications paying digitally. It was open for subscription from 15 Oct 2018 to 19 Oct 2018 and issued on 23 Oct 2018 (RBI press release of 12 Oct 2018).
When does SGB 2018-19 Series II mature?
On 23 Oct 2026, eight years from its issue on 23 Oct 2018. 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 2018-19 Series II be redeemed early?
It can no longer be redeemed: the tranche matured on 23 Oct 2026.
How much interest does SGB 2018-19 Series II pay?
2.5% a year on the issue price of ₹3,146 per gram — ₹78.65 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.