The Indian bond market now has many options but should you buy one?

The Indian bond market is exploding with options. If you search on Google for “buy bonds in India”, the first hits and the last three hits are ads by bond portals! Then we have portals that exclusively sell via influencer networks and content marketing. These bond portals have different offerings, from gilts to corporate bonds…

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RBI Retail Direct: A look inside – how to register and what you can buy/sell

Here is a look inside RBI Retail Direct. This facility allows retail investors to open gilt security account with the RBI and purchase government securities (gilt bonds or gilts) in the primary and secondary market without a fee. We have already discussed in detail who should use  RBI Retail Direct and who should not. Please…

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RBI Floating Rate Bonds to offer 7.15% interest from Jan to June 2021

RBI Floating Rate Bonds were introduced in June 2020 as a replacement for RBI 7.75% bonds (2018) A floating-rate bond has a variable interest rate, unlike a fixed-rate bond. When interest rates increase,  the interest payout increases and vice-versa. There is no cumulative option. The interest rate for these bonds would reset every six months….

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40Y GOI Bonds with 6.8% interest rate on sale 24th and 25th Nov 2020

Govt of India (GOI) has announced the sale (Re-issue) of Rs. 7000 crore worth of 6.8% Government Bonds maturing in 2060 via price-based auction. Retail investors can participate in this sale via the NSEGoBid platform. Here are the details. Bond name: 680GS2060E – GS (6.80% GS 2060). Bidding dates: 24th and 25th Nov 2020. Time:…

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