<h1>India Issues Sovereign Gold Bonds: 8-Year Tenure, 2.5% Interest, Tradable on Stock Exchanges, Max 4 kg for Individuals.</h1> The Government of India, in collaboration with the Reserve Bank of India, announced the issuance of Sovereign Gold Bonds from June to September 2019. These bonds, denominated in grams of gold, are available to resident individuals, HUFs, trusts, universities, and charitable institutions. The bonds have an 8-year tenure with an exit option after 5 years. A maximum of 4 kg can be subscribed by individuals and HUFs, and 20 kg by trusts per fiscal year. The bonds offer a 2.50% annual interest rate, are tradable on stock exchanges, and can be used as collateral for loans.