Why to invest in Perpetual Bonds in India
Reported by Bonds India | November 25th, 2021 @ 08:11 AM
The clue as to what a perpetual bonds in India actually is lies in its name. Invest in Perpetual online in India means ongoing, and that is exactly what this bond does. It has no date by which it matures, so you cannot redeem it once you have one.
However the way you make money with them is by claiming a regular amount of interest from holding these bonds. This interest is paid forever, so you can see why some people like holding these types of bonds in India.
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