Frequently Asked Questions
India 15 Year Government Bonds trade at 100.10 INR.
You can buy India 15 Year 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 7.219% — it's decreased by 0.15% 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 15 Year Government Bonds maturity date is Apr 15, 2039.
The current yield of India 15 Year Government Bonds is 7.219%, whereas at the moment of issuance it was 10.982%, which means −34.27% change. Over the week the yield has decrased by 0.15%, the month performance has showed a 1.22% increase, and it has risen by 0.08% 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 15 Year Government Bonds is the India government bonds with the maturity of 15 years.
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 15 Year Government Bonds are long-term bonds — they have the maturity of 15 years.