News From Press Government of India 7.75 per cent Savings (Taxable) Bonds 2018: Should you invest for attractive returns?

Government of India 7.75 per cent Savings (Taxable) Bonds 2018: Should you invest for attractive returns?

There is no upper limit to invest in GOI Bonds and overall volumes have gone up to 10 times in the last 2 months.

Financial Express May 22, 2020

In a downward interest rate scenario, when the Banks and NBFCs are reducing their Interest Rates beyond 7 per cent per annum there is an attractive offering 7.75 per cent Savings (Taxable) Bonds, 2018, issued by Government of India for Resident Individual Clients and HUF (Hindu Undivided Family).

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