Fixed Income investing in India. Suitable for investors, interested in discussing debt funds, liquid funds, Non Convertible Debentures (NCD), Fixed Maturity Plans, Fixed Deposits, Certificates of Deposit, Post Office Savings Schemes etc...
Monday, December 21, 2009
RBI Relief bonds
The Reserve Bank of India, is accepting deposits from the public, for RBI Relief Bonds. These bonds have a yield of 8% and are totally tax free. So, if you are in the 30% tax bracket, it equates to a yield of 11+%.
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