Sovereign Gold Bond framework: eligibility, pricing basis, interest payment, redemption terms, SLR and collateral rules clarified. Sovereign Gold Bonds set out eligibility (residents, individuals, trusts, institutions), issuance in Government of India Stock with holding certificates and de-mat conversion, denomination in gram units, price and redemption fixed by prior week's simple average closing price for 999 purity gold, permitted payment modes through authorised receiving offices, fixed annual interest paid half-yearly, maturity with pre-mature redemption from the fifth year, SLR eligibility, use as collateral subject to ordinary gold loan LTV rules, taxable interest and capital gains treatment aligned with physical gold, and prescribed forms and transfer, nomination and tradability procedures under the Government Securities Act and Regulations.