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This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 11 Aug 2026. The details below are kept as a record of the issue. Compare bonds available now →

GOI Loan

No longer listed IN0020240043 G-Sec SOV Matures May 2027

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 7%.

Data as of 11 Aug 2026

Yield to Maturity (YTM)
7%
Annualised return if held to maturity · 27 May 2027
+0.8% vs bank FD
Coupon Rate
7.02%
Paid periodically
Maturity
27 May 2027
Principal returned
Tenure
8 mo
Remaining
Min. Invest
₹102
Min. ticket
Return
₹6
Est. pre-tax

How this yield compares

This bondGOI Loan
7%
Category avgG-Sec
5.9%
Fixed Deposit8 mo tenure
6.15%

At 7% YTM, this bond yields about 0.8 percentage points more than a tenure-matched fixed deposit (6.15%) and sits above the G-Sec average - reflecting the credit profile of a SOV issuer.

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 7%. It pays a coupon of 7.02% and matures on 27 May 2027, a remaining tenure of about 8 mo. It is rated SOV, a sovereign instrument carrying the credit of the Government of India. GripInvest lists this bond with a minimum investment of ₹102.

Its 7% yield is on the conservative side, placing it 1st of the 4 G-Sec bonds on RightBonds - firmly in the top tier. That is 1.33 percentage points above the G-Sec median of 5.67% - a clear yield premium over the typical peer. It yields only about 0.85 points over a comparable SBI fixed deposit (6.15%), so weigh the extra credit risk carefully. Its short 8 mo 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 (IN0020240167) 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.

Source: rating rationale. All GOI Loan bonds.

Bond details

IssuerGOI Loan
Credit RatingSOV
CategoryG-Sec
Coupon Rate7.02%
Yield to Maturity7%
Maturity Date27 May 2027
Listed onGripInvest
Minimum Investment₹102
Return₹6
ISININ0020240043

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 7% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 8 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 7.00% ₹1,04,889
5% slab 6.65% ₹1,04,647
20% slab 5.60% ₹1,03,919
30% slab 4.90% ₹1,03,433

At a 7.02% coupon, ₹1,00,000 of face value pays about ₹7,020 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

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 0.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.

This bond at 7%₹1,04,889
Fixed deposit at 6.15%₹1,04,400
Difference+₹489

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.