4 min read.Updated: 10 Aug 2020, 03:25 PM ISTNeil Borate
Default in PSU bonds is not unheard of, so it's important to do your homework on the rating and financial health of the PSU in question
In an environment where bank fixed deposits (FDs) are offering interest rates of 4-5%, the lure of high-yield PSU bonds is compelling. These bonds trade at yields as high as 8-10% and are marketed by brokers and wealth management outfits to their clients.
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