Issue price
₹3,890 per gram
₹3,840 for online applications paying digitally
SGB 2019-20 Series IV: Issue Price ₹3,890, Redemption Dates and Value Today
Source: RBI press releases · latest release 16 Sep 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹10,391 (267.12%)
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
₹15,173 up by ₹11,283 (290.05%)
for the redemption due 17 Sep 2026 · RBI, 16 Sep 2026
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 17 Sep and 17 Mar
- Premature redemption
- From 17 Sep 2024 (five years from issue), on each interest date Next date by the scheme’s terms: 17 Mar 2027. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 17 Sep 2027 (eight years from issue)
- Status
- Redeemable early on the interest dates; matures on 17 Sep 2027
RBI’s redemption prices for SGB 2019-20 Series IV
Frequently asked questions
What was the issue price of SGB 2019-20 Series IV?
₹3,890 per gram, ₹3,840 for online applications paying digitally. It was open for subscription from 9 Sep 2019 to 13 Sep 2019 and issued on 17 Sep 2019 (RBI press release of 6 Sep 2019).
When does SGB 2019-20 Series IV mature?
On 17 Sep 2027, eight years from its issue on 17 Sep 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 IV be redeemed early?
From 17 Sep 2024, five years after issue, on every interest date (17 Sep and 17 Mar each year) until maturity — the next such date is 17 Mar 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 IV 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 +₹10,391 (+267.12%) on the issue price of ₹3,890, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2019-20 Series IV pay?
2.5% a year on the issue price of ₹3,890 per gram — ₹97.25 per unit a year, paid in two halves on 17 Sep and 17 Mar, the last one with the redemption. Interest is taxable as income.