Issue price
₹4,016 per gram
₹3,966 for online applications paying digitally
SGB 2019-20 Series VIII: Issue Price ₹4,016, Redemption Dates and Value Today
Source: RBI press releases · latest release 20 Jul 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹10,265 (255.60%)
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
₹14,170 up by ₹10,154 (252.84%)
for the redemption due 21 Jul 2026 · RBI, 20 Jul 2026
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 21 Jan and 21 Jul
- Premature redemption
- From 21 Jan 2025 (five years from issue), on each interest date Next date by the scheme’s terms: 21 Jan 2027. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 21 Jan 2028 (eight years from issue)
- Status
- Redeemable early on the interest dates; matures on 21 Jan 2028
RBI’s redemption prices for SGB 2019-20 Series VIII
Frequently asked questions
What was the issue price of SGB 2019-20 Series VIII?
₹4,016 per gram, ₹3,966 for online applications paying digitally. It was open for subscription from 13 Jan 2020 to 17 Jan 2020 and issued on 21 Jan 2020 (RBI press release of 10 Jan 2020).
When does SGB 2019-20 Series VIII mature?
On 21 Jan 2028, eight years from its issue on 21 Jan 2020. 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 VIII be redeemed early?
From 21 Jan 2025, five years after issue, on every interest date (21 Jan and 21 Jul each year) until maturity — the next such date is 21 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 VIII 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 +₹10,265 (+255.60%) on the issue price of ₹4,016, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2019-20 Series VIII pay?
2.5% a year on the issue price of ₹4,016 per gram — ₹100.40 per unit a year, paid in two halves on 21 Jan and 21 Jul, the last one with the redemption. Interest is taxable as income.