RBI sets SGB 2020-21 Series XII premature redemption price for Sept 9, 2026

The RBI announced the redemption price for premature redemption of Sovereign Gold Bond 2020-21 Series XII, due September 9, 2026, based on the simple average of closing gold prices (999 purity) over the previous three business days. This is a routine administrative notice confirming the mechanism and date, with no deviation from the established SGB framework. The price will be determined by prevailing gold market levels, affecting investors holding this tranche.