Reserve Bank fixes Rs 14,167 a unit for premature redemption of a 2021-22 gold bond series

30 October 2026

The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2021-22 Series VII at Rs 14,167 per unit. The bonds were issued on 2 November 2021, and the premature redemption falls due on 2 November 2026. The price is worked out as the simple average of the closing price of gold of 999 purity for the three business days before the redemption date, as published by the India Bullion and Jewellers Association Ltd. For this redemption the three days taken were 28, 29 and 30 October 2026. Sovereign Gold Bonds are issued by the Reserve Bank on behalf of the Government of India. They run for eight years, and investors may exit early from the fifth year on the interest payment dates.