The corporate debt market, lately, gave investors some jitters with delays and defaults in interest payments and principal repayments. If you are looking for a safe haven with reasonable returns, RBI Savings Bonds is among the options you can consider.
These bonds, known as 7.75 per cent savings (taxable) Bonds, 2018 or RBI savings bonds (in general), have a tenure of seven years and come with cumulative and non-cumulative (half-yearly interest payment) options.
The bonds look attractive when compared to many fixed-income options. If you are looking for periodical income, the non-cumulative option with its attractive interest rate, complete ...
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