The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the bond shall be one gram with a maximum buying limit maximum limit of subscription shall be of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities per fiscal year as notified by the government from time to time provided that

  1. Annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market
  2. The ceiling on investment will not include the holdings as collateral by banks and other Financial Institutions.