SGB Matures Oct 23: Your ₹14,425 Per Unit Payout
Sovereign Gold Bonds issued on October 23, 2018 (2018-19 Series-II) mature on October 23, 2026. RBI has fixed the final payout at ₹14,425 for each unit, worked out from recent gold rates.
Investors holding the Sovereign Gold Bond tranche issued on October 23, 2018 (2018-19 Series-II), which reaches final maturity on October 23, 2026.
This is what you get back for each unit of your maturing gold bond.
Key Takeaways
Check your holding statement to confirm whether you own the 2018-19 Series-II tranche issued on October 23, 2018.
Multiply the number of units you hold by ₹14,425 to estimate your total payout.
Note October 23, 2026 as the maturity date, which falls eight years after the bonds were issued.
Sovereign Gold Bonds issued on October 23, 2018 (2018-19 Series-II) mature on October 23, 2026. RBI has fixed the final payout at ₹14,425 for each unit, worked out from recent gold rates.
Here's what happened: RBI announced the final payout for the 2018-19 Series-II sovereign gold bonds, which mature on October 23, 2026. Each unit will be redeemed at ₹14,425. The price is the average of gold (999 purity) closing rates over the three business days before maturity, as published by IBJA.
What you should do: Check your holding statement to confirm whether you own the 2018-19 Series-II tranche issued on October 23, 2018. Multiply the number of units you hold by ₹14,425 to estimate your total payout. Note October 23, 2026 as the maturity date, which falls eight years after the bonds were issued.
Pro tip: The payout is locked to an average of three business days' gold rates published by IBJA, so one day's price swing does not decide it.
Written by GoCredit from the official Reserve Bank of India document cited below. Every figure is checked against that document. This is general information, not legal or financial advice.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
Questions people ask
What is the SGB 2018-19 Series-II redemption price?
RBI has set the final redemption price at ₹14,425 per unit for bonds maturing on October 23, 2026.
When do SGB 2018-19 Series-II bonds mature?
They mature on October 23, 2026, eight years after the issue date of October 23, 2018, under the scheme's notification.
How is the SGB redemption price calculated?
It is the average of closing rates for 999-purity gold, as published by IBJA, over the three business days before the redemption date.
Explore TARA — Your Financial Co-Pilot
Retirement, tax, EMI, refinance and savings calculators — all free. Get a plan aligned to YOUR income, goals and CIBIL.
Try TARA — Free →Facing recovery harassment from a lender?
Loan Kavach's legal team intervenes within 24h, files RBI complaints, and shields you from unlawful recovery practices — available in the GoCredit app.
References
- [1]“Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2018-19 Series-II due on October 23, 2026” Reserve Bank of India · 22 Oct 2026
Official source. GoCredit wrote this explainer from the document above, and every figure in it is checked against that document automatically. The worked example is calculated by GoCredit. How we write news
Every story here posts to X the moment it breaks. Follow @gocredit_news →