Issue price
₹4,639 per gram
₹4,589 for online applications paying digitally
SGB 2020-21 Series I: Issue Price ₹4,639, Redemption Dates and Value Today
Source: RBI press releases · latest release 27 Apr 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹9,642 (207.85%)
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
₹15,124 up by ₹10,485 (226.02%)
for the redemption due 28 Apr 2026 · RBI, 27 Apr 2026
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 28 Apr and 28 Oct
- Premature redemption
- From 28 Apr 2025 (five years from issue), on each interest date Next date by the scheme’s terms: 28 Oct 2026. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 28 Apr 2028 (eight years from issue)
- Status
- Redeemable early on the interest dates; matures on 28 Apr 2028
RBI’s redemption prices for SGB 2020-21 Series I
Frequently asked questions
What was the issue price of SGB 2020-21 Series I?
₹4,639 per gram, ₹4,589 for online applications paying digitally. It was open for subscription from 20 Apr 2020 to 24 Apr 2020 and issued on 28 Apr 2020 (RBI press release of 17 Apr 2020).
When does SGB 2020-21 Series I mature?
On 28 Apr 2028, eight years from its issue on 28 Apr 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 2020-21 Series I be redeemed early?
From 28 Apr 2025, five years after issue, on every interest date (28 Apr and 28 Oct each year) until maturity — the next such date is 28 Oct 2026. Apply through the bank, post office or broker the bond was bought through, in the window RBI’s calendar gives.
What is SGB 2020-21 Series I 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 +₹9,642 (+207.85%) on the issue price of ₹4,639, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2020-21 Series I pay?
2.5% a year on the issue price of ₹4,639 per gram — ₹115.98 per unit a year, paid in two halves on 28 Apr and 28 Oct, the last one with the redemption. Interest is taxable as income.