On July 1, 2020, the RBI introduced the Floating Rate Savings Bond (taxable), with an interest rate of 7.15 per cent. The interest rate bonds are reset every six months, on the first of July and the...
When the government goes to the financial markets to raise money, it does so by issuing two types of debt instruments: Treasury bills and government bonds. Treasury bills are issued when the...
Bonds are debt instruments where the investor lends money to a company. The company borrows money at a fixed rate for a specified period of time. This entity can be the government, banks or...