This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 31 Aug 2026. The details below are kept as a record of the issue. Compare bonds available now →
Government of India
Government of India is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 5.5%.
Data as of 31 Aug 2026
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 13 May 2027 (about 7 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 ₹96.
Its 5.5% yield is on the conservative side, toward the lower end at 320th of 319 Corporate bonds. That trails the Corporate median of 10.50% by 5.00 points, so the trade-off is lower yield for whatever else this issuer offers. Notably, a tenure-matched SBI fixed deposit (5.90%) actually yields about 0.40 points more, so the case here rests on factors other than raw yield. Its short 7 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 Hella Infra Market (INE06E507579) at 16%, Unifinz Capital India (INE926R07068) at 16% and Monedo Financial Services (INE0I5X07034) at 16%.
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 7 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.50% | ₹1,03,049 |
| 5% slab | 5.22% | ₹1,02,899 |
| 20% slab | 4.40% | ₹1,02,445 |
| 30% slab | 3.85% | ₹1,02,142 |
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 0.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.90%.
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.