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RBI sets SGB 2018-19 Series-II final redemption price for Oct 23, 2026

RBI announced the final redemption price for SGB 2018-19 Series-II, due October 23, 2026, based on the simple average of gold closing prices over the previous three business days. This is a routine administrative update confirming the redemption mechanism, with no deviation from the scheme's terms. The price will be determined by IBJA gold rates, affecting investor returns but not signaling a policy shift.

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Reserve Bank of India — Press Releases1 day agoINengCredibility 10%View source

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Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

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