Issue price
₹4,677 per gram
₹4,627 for online applications paying digitally
SGB 2020-21 Series III: Issue Price ₹4,677, Redemption Dates and Value Today
Source: RBI press releases · latest release 15 Jun 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
Value today (indicative)
₹14,281 up by ₹9,604 (205.35%)
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
₹14,774 up by ₹10,097 (215.89%)
for the redemption due 16 Jun 2026 · RBI, 15 Jun 2026
Key dates
- Subscription period
- –
- Date of issue
- Interest
- 2.5% a year on the issue price, paid every six months on 16 Jun and 16 Dec
- Premature redemption
- From 16 Jun 2025 (five years from issue), on each interest date Next date by the scheme’s terms: 16 Dec 2026. RBI’s half-yearly calendar confirms the exact date and the window to apply.
- Maturity
- 16 Jun 2028 (eight years from issue)
- Status
- Redeemable early on the interest dates; matures on 16 Jun 2028
RBI’s redemption prices for SGB 2020-21 Series III
Frequently asked questions
What was the issue price of SGB 2020-21 Series III?
₹4,677 per gram, ₹4,627 for online applications paying digitally. It was open for subscription from 8 Jun 2020 to 12 Jun 2020 and issued on 16 Jun 2020 (RBI press release of 5 Jun 2020).
When does SGB 2020-21 Series III mature?
On 16 Jun 2028, eight years from its issue on 16 Jun 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 III be redeemed early?
From 16 Jun 2025, five years after issue, on every interest date (16 Jun and 16 Dec each year) until maturity — the next such date is 16 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 2020-21 Series III 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 +₹9,604 (+205.35%) on the issue price of ₹4,677, before interest. RBI fixes the actual price for each redemption date.
How much interest does SGB 2020-21 Series III pay?
2.5% a year on the issue price of ₹4,677 per gram — ₹116.93 per unit a year, paid in two halves on 16 Jun and 16 Dec, the last one with the redemption. Interest is taxable as income.