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SGB 2019-20 Series II: Issue Price ₹3,443, Redemption Dates and Value Today

Source: RBI press releases · latest release 15 Jul 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)

Issue price

₹3,443 per gram

₹3,393 for online applications paying digitally

Value today (indicative)

₹14,281 up by ₹10,838 (314.78%)

vs the issue price · Mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026 — RBI’s rule applied to our own data. Indicative only: RBI fixes the price for each redemption date from the three business days before it, and only that figure is a price.

Latest RBI redemption price

₹14,199 up by ₹10,756 (312.40%)

for the redemption due 16 Jul 2026 · RBI, 15 Jul 2026

Key dates

Subscription period
–
Date of issue
Interest
2.5% a year on the issue price, paid every six months on 16 Jul and 16 Jan
Premature redemption
From 16 Jul 2024 (five years from issue), on each interest date Next date by the scheme’s terms: 16 Jan 2027. RBI’s half-yearly calendar confirms the exact date and the window to apply.
Maturity
16 Jul 2027 (eight years from issue)
Status
Redeemable early on the interest dates; matures on 16 Jul 2027

RBI’s redemption prices for SGB 2019-20 Series II

Every redemption price RBI has published for this tranche, newest first, with the gain over the issue price of ₹3,443 — price only, the half-yearly interest came on top
Due date Type Price per unit vs issue price
Premature ₹14,199 up by ₹10,756 (312.40%)
Premature ₹14,092 up by ₹10,649 (309.29%)
Premature ₹9,791 up by ₹6,348 (184.37%)
Premature ₹7,825 up by ₹4,382 (127.27%)
Premature ₹7,272 up by ₹3,829 (111.21%)

Frequently asked questions

What was the issue price of SGB 2019-20 Series II?

₹3,443 per gram, ₹3,393 for online applications paying digitally. It was open for subscription from 8 Jul 2019 to 12 Jul 2019 and issued on 16 Jul 2019 (RBI press release of 5 Jul 2019).

When does SGB 2019-20 Series II mature?

On 16 Jul 2027, eight years from its issue on 16 Jul 2019. 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 2019-20 Series II be redeemed early?

From 16 Jul 2024, five years after issue, on every interest date (16 Jul and 16 Jan each year) until maturity — the next such date is 16 Jan 2027. Apply through the bank, post office or broker the bond was bought through, in the window RBI’s calendar gives.

What is SGB 2019-20 Series II worth today?

Indicatively ₹14,281 per unit — the mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026, which is RBI’s rule applied to the latest closes. That is +₹10,838 (+314.78%) on the issue price of ₹3,443, before interest. RBI fixes the actual price for each redemption date.

How much interest does SGB 2019-20 Series II pay?

2.5% a year on the issue price of ₹3,443 per gram — ₹86.08 per unit a year, paid in two halves on 16 Jul and 16 Jan, the last one with the redemption. Interest is taxable as income.