The Central Government introduced the Gold Bond Scheme in November 2015. It has been issuing Gold Bonds in installments since then. The maturity period of Gold Bonds is 8 years. The gold bonds are issued by the Reserve Bank of India RBI on behalf of the Central Government. These bonds can be purchased through banks, post offices and stock exchanges. Then there is the benefit of investing in gold bonds. You also get interest on your gold bonds. It earns 2.5 per cent interest per annum. Gold bonds can be sold if you need them after five years. The gold bond price is determined on the basis of the average price of gold over the past three days.