Corporate Bond is perfect alternative to Fixed Deposit in India. The Bonds are issued by private organizations for variety of reasons such as meeting on-going operations, mergers & acquisition etc. Such Bonds are issued at discount with assurance of fixed coupon rate & redemption for specified number of years. The organization has to obtain credit rating from independent organization & permission from Government regulators before issuing any such Bond which form the basis of its authenticity.

A government bond is an instrument of indebtedness issued by a Government of India to support government spending. It generally includes a commitment to pay periodic interest, called coupon payments, & to repay the face value on the maturity date.

The interest rate normally varies from 4-5% to 8-9% depending on organization & investment requirement.

Get the details of latest Corporate Bonds & Government Bonds here