Issue price
₹3,795 per gram
₹3,745 for online applications paying digitally
SGB 2019-20 Series VII: Issue Price ₹3,795, Redemption Dates and Value Today
Source: RBI press releases · latest release 9 Jun 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹10,486 (276.31%)
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
₹15,275 up by ₹11,480 (302.50%)
for the redemption due 10 Jun 2026 · RBI, 9 Jun 2026
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 10 Dec and 10 Jun
- Premature redemption
- From 10 Dec 2024 (five years from issue), on each interest date Next date by the scheme’s terms: 10 Dec 2026. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 10 Dec 2027 (eight years from issue)
- Status
- Redeemable early on the interest dates; matures on 10 Dec 2027
RBI’s redemption prices for SGB 2019-20 Series VII
Frequently asked questions
What was the issue price of SGB 2019-20 Series VII?
₹3,795 per gram, ₹3,745 for online applications paying digitally. It was open for subscription from 2 Dec 2019 to 6 Dec 2019 and issued on 10 Dec 2019 (RBI press release of 29 Nov 2019).
When does SGB 2019-20 Series VII mature?
On 10 Dec 2027, eight years from its issue on 10 Dec 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 VII be redeemed early?
From 10 Dec 2024, five years after issue, on every interest date (10 Dec and 10 Jun each year) until maturity — the next such date is 10 Dec 2026. 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 VII 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 +₹10,486 (+276.31%) on the issue price of ₹3,795, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2019-20 Series VII pay?
2.5% a year on the issue price of ₹3,795 per gram — ₹94.88 per unit a year, paid in two halves on 10 Dec and 10 Jun, the last one with the redemption. Interest is taxable as income.