GENERAL KNOWLEDGE

Detailed explanation-1: -The India 40 Years Government Bond has a 7.389% yield (last update 23 Feb 2023 15:15 GMT+0).

Detailed explanation-2: -After minimum lock in period of 3 years from the date of issue, an investor can surrender the Bonds at any time after the 6th half year but redemption payment will be made on the following interest payment due date (as indicated below).

Detailed explanation-3: -Dated G-Secs Unlike T-bills and CMBs, G-Secs are long-term money market instruments that offer a wide range of tenures, starting from 5 years and going all the way up to 40 years. These instruments come with either a fixed or a floating interest rate, also known as the coupon rate.