The 7.72% GS-2025 bond has a yield of 6.83%, while the 8.20% GS-2025 bond has 6.92%. Both are for the same tenure. Yet, their yields differ. This is confusing for the retail investor looking to enter the market for government securities (G-Secs) that was opened up by the Reserve Bank of India (RBI) through a direct retail window. This basic anomaly can explain why retail investors won’t flock to the debt market.
Amfi stock classification: Multibaggers BHEL, NHPC, 5 more stocks to likely turn largecaps
Read More