<h1>India to Issue Sovereign Gold Bonds Series IV; Applications Open Feb 27-Mar 3, 2017; 2.50% Interest Rate.</h1> The Government of India, in collaboration with the Reserve Bank of India, will issue Sovereign Gold Bonds 2016-17 Series IV, accepting applications from February 27 to March 3, 2017. The bonds, issued on March 17, 2017, will be available through banks, SHCIL, designated post offices, and recognized stock exchanges. They are denominated in multiples of grams of gold, with a minimum investment of 1 gram and a maximum of 500 grams per fiscal year. The bonds offer a 2.50% annual interest rate, are tradable, and can serve as collateral for loans. Tax provisions apply, with exemptions on capital gains tax upon redemption.