Frequently Asked Questions
India 3 Month Government Bonds trade at 98.37 INR.
You can buy India 3 Month Government Bonds through brokers — choose the one that suits your needs and go ahead. You can also purchase bonds directly from the issuing organization.
The current yield rate is 6.960% — it's increased by 1.16% over the past week.
Maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors. For example, the India 3 Month Government Bonds maturity date is Jul 25, 2024.
The current yield of India 3 Month Government Bonds is 6.960%, whereas at the moment of issuance it was 11.500%, which means −39.48% change. Over the week the yield has increased by 1.16%, the last month showed zero change in yield, and it has risen by 1.75% over the year.
A bond is a debt security issued by a corporation or a government. By buying bonds, investors loan the issuer money in return for an interest rate. By issuing bonds, the state receives funds that can then be injected into the economy, and corporations raise funds for new research or other operational activities. The alphanumeric code of government bonds represents the abbreviated name of the issuing state, as well as its time to maturity. For example, India 3 Month Government Bonds is the India government bonds with the maturity of 3 months.
Bonds can be of various maturities, e.g. short-term (less than three years), medium-term (four to 10 years), or long-term ones (more than 10 years). So India 3 Month Government Bonds are short-term bonds — they have the maturity of 3 months.