In this edition of Business Insight, Moneycontrol's Shraddha Sharma discusses whether investing in government bonds is a good pension plan.
Thirty-year government bonds were available for sale online on October 13 and 14. These will mature in 2050 with an annual yield of 6.22 percent and pay interest twice a year in April and October. These bonds carry little credit risk as they are issued by the Government of India and offer payouts twice a year.
So, should you invest in government bonds? Who should consider investing in it and who shouldn't? And why are they considered as a good alternative to pension plans?
Have your questions answered in this edition of Business Insight.