# SGB 2021-22 Series V premature redemption yields 223% gain 2026-08-17T03:56:25+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Investors in the Sovereign Gold Bond (SGB) 2021-22 Series V can redeem their bonds prematurely on 17 August 2026 at Rs 15,295 per unit, against an issue price of Rs 4,740 for online subscribers, Livemint reports. This translates into an absolute capital gain of about 223%, or Rs 10,555 per unit, before accounting for the 2.5% annual interest paid separately during the holding period. The Reserve Bank of India (RBI) fixed the redemption price based on the simple average of the closing price of 999-purity gold for the three business days preceding the redemption date. However, Livemint notes that investors who did not submit their premature redemption request within the prescribed window from 17 July to 7 August 2026 cannot place a fresh request on the redemption date. The tax treatment of SGBs changed from 1 April 2026. The Union Budget 2026 amended the capital gains exemption so that it is available only when the bond is held continuously until its full eight-year maturity. As a result, the premature redemption after 1 April 2026 does not qualify for the capital gains exemption, and long-term capital gains are generally taxed at 12.5% without indexation. ## Coverage - livemint.com This story was synthesised by AI from the source linked above. Tags: India Bullion and Jewellers Association, Reserve Bank of India, Sovereign Gold Bond, Union Budget 2026 Canonical: https://indianopinion.org/sgb-2021-22-series-v-premature-redemption-yields-223-gain/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sgb-2021-22-series-v-premature-redemption-yields-223-gain/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/