GOI Bonds

A bond is a form of Debt Investment, in which an investor lends money to an entity (typically Corporate or Government) which borrows the funds for a fixed period of time at a variable or a Fixed Interest Rate. Bonds are often used by states and sovereign governments, companies to raise money and finance a various kinds of projects. Please find below some Bonds which are available on perpetual basis.

Government of India’s Savings Bonds @ 7.15% per annum