Economy, asked by rvedhapriya3423, 11 months ago

How and when the interest rate for sovereign gold bonds given

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Answered by sandybaby1

The investors will be compensated at a fixed rate of 2.50% per annum payable semi-annually on the nominal value. Bonds can be used as collateral for loans. The loan-to-value (LTV) ratio is to be set equal to ordinary gold loan mandated by the Reserve Bank from time to time...

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