This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 4 Oct 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 4 Oct 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 24 Jun 2027 (about 8 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 (6.15%) actually yields about 0.65 points more, so the case here rests on factors other than raw yield. 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 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 8 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.50% | ₹1,03,686 |
| 5% slab | 5.22% | ₹1,03,503 |
| 20% slab | 4.40% | ₹1,02,954 |
| 30% slab | 3.85% | ₹1,02,587 |
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%.
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.
