India to issue sovereign gold bonds with interest rate of 2.5%: government


(From Reuters)

India will issue sovereign gold bonds from April onward offering an annual interest rate of 2.50% to domestic investors, a government statement said on Monday.

The bonds will be issued in six tranches until September, and will be sold through banks and designated post offices as part of the government’s market-borrowing programme.

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Source: https://www.ac2news.com/2020/04/india-to-issue-sovereign-gold-bonds-with-interest-rate-of-2-5-government/

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