https://www.taxtmi.com/news?id=15838 The Government will issue Sovereign Gold Bonds as Government of India Stock, denominated in grams with a minimum purchase of two grams and an annual per-entity subscription ceiling, eligible to resident Indian persons and entities. Bonds have an eight-year tenor with an exit option from year five, pay fixed semi-annual interest on initial investment, are tradable and convertible to demat form, may be used as collateral subject to prescribed loan-to-value, and have issue/redemption prices fixed in rupees based on the prior week's IBJA simple average closing price. en-us Fri, 04 Mar 2016 17:25:16 +0530 Fri, 04 Mar 2016 17:25:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15838 The Government will issue Sovereign Gold Bonds as Government of India Stock, denominated in grams with a minimum purchase of two grams and an annual per-entity subscription ceiling, eligible to resident Indian persons and entities. Bonds have an eight-year tenor with an exit option from year five, pay fixed semi-annual interest on initial investment, are tradable and convertible to demat form, may be used as collateral subject to prescribed loan-to-value, and have issue/redemption prices fixed in rupees based on the prior week's IBJA simple average closing price. News - Fri, 04 Mar 2016 17:25:16 +0530 https://www.taxtmi.com/news?id=15838