It has matured, sold out, or been delisted from the platforms we track, last seen on 9 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
Government of India
How this yield compares
About this bond
Government of India is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 5.5%. It is a zero-coupon bond - sold at a discount to face value with no periodic interest payout, redeeming on 7 Jan 2027 (about 5 mo 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 ₹97.
Its 5.5% yield is on the conservative side, toward the lower end at 176th of 175 Corporate bonds. That trails the Corporate median of 10.75% by 5.25 points, so the trade-off is lower yield for whatever else this issuer offers. It yields only about 0.35 points over a comparable SBI fixed deposit (5.15%), so weigh the extra credit risk carefully. Its short 5 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 G-Sec (IN0020230036) at 6.5%, Unifinz Capital India (INE926R07043) at 15% and Regency Fincorp (INE964R07101) at 14.5%.
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 5.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 5 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.50% | ₹1,02,364 |
| 5% slab | 5.22% | ₹1,02,248 |
| 20% slab | 4.40% | ₹1,01,897 |
| 30% slab | 3.85% | ₹1,01,662 |
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 0.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.
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.