This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 1 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
GOI Loan
GOI Loan is a government security (G-Sec) issued by the Reserve Bank of India on behalf of the Government of India, was last listed at a yield to maturity (YTM) of 6.85%.
Data as of 1 Jul 2026
How this yield compares
About this bond
GOI Loan is a government security (G-Sec) issued by the Reserve Bank of India on behalf of the Government of India, currently offering a yield to maturity (YTM) of 6.85%. It is a zero-coupon bond - sold at a discount to face value with no periodic interest payout, redeeming on 19 Sept 2029 (about 2.9 yr away). It is rated SOV, a sovereign instrument carrying the credit of the Government of India. GripInvest lists this bond with a minimum investment of ₹81.
Its 6.85% yield is on the conservative side, ranking 2nd of 4 G-Sec bonds we list. That is 1.17 percentage points above the G-Sec median of 5.67% - a clear yield premium over the typical peer. It yields only about 0.20 points over a comparable SBI fixed deposit (6.65%), so weigh the extra credit risk carefully. Its short 2.9 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its highest safety (SOV) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at GOI Loan (IN0020200096) at 7%, GOI Loan (IN0020250141) at 5.75% and GOI Loan (IN0020230010) at 5.6%.
About GOI Loan
GOI Loan securities are dated Government of India securities, commonly called G-secs, which are debt instruments issued by the central government to fund its borrowing programme. They are issued through auctions conducted by the Reserve Bank of India on its E-Kuber electronic platform, and the tenor of dated securities generally ranges from 5 years to 40 years. Interest is paid on a half-yearly basis at a fixed or floating coupon, and the principal is repaid at par on maturity. These securities acknowledge the direct debt obligation of the sovereign, and the RBI describes them as carrying practically no risk of default, which is why they are known as gilt-edged instruments. Major holders include commercial banks, primary dealers, insurance companies and provident funds, and retail investors can participate in auctions through the non-competitive bidding facility. This bond is issued under the legal name Government of India.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 6.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.9 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 6.85% | ₹1,21,309 |
| 5% slab | 6.51% | ₹1,20,179 |
| 20% slab | 5.48% | ₹1,16,830 |
| 30% slab | 4.79% | ₹1,14,632 |
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 2.9 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the SOV credit risk is the reason for the gap.