โ back
10.23% interest from government โ finally a product we need!
Original: โ 10.23% interest from government เฐเฐฆเฐฟ เฐเฐฆเฐพ เฐฎเฐจเฐเฐฟ เฐเฐพเฐตเฐพเฐฒเฑเฐธเฐฟเฐจ product !
Takeaway
Municipal bonds give retail investors a government-backed double-digit yield option that most don't know about.
Summary
- Municipal bonds issued by bodies like GHMC offer government-backed double-digit coupons (~10%) with tenures 1โ30 years
- Money raised funds roads, schools, parks; coupons paid semi-annually or annually
- Touted as tough competitor to mutual funds because returns are guaranteed by municipality
- Video promises A-to-Z: risks, taxation, how to buy these bonds
- One specific listed muni bond cited as offering 10.23% yield
municipal-bondsfixed-incomebonds
Original description
Note: You can buy these bonds in two ways. 1. New Issue (like IPO): If the bond is newly issued, you can apply through ASBA, just like you apply for an IPO using your bank account. 2. Already Listed Bonds: If the bond is already listed in the market, as these are low liquidity, , you usually wonโt find them easily online. โข In this case, you need to contact your Demat account dealer or broker. โข Ask them to buy the bond for you. โข They will tell you the current market price. โข If you are okay with the price, you can ask them to place the order. Important: Make sure you have enough money in your account before placing the order. ๐ ๐๐ฉ๐๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐๐ญ ๐๐๐๐จ๐ฎ๐ง๐ญ ๐๐๐๐๐ ๐๐ ๐จ๐๐๐๐๐๐ ๐ณ๐๐๐ ๐ https://zerodha.com/open-account?c=ZM... ๐จ๐๐๐๐ ๐ฉ๐๐๐๐๐๐ ๐ https://angel-one.onelink.me/Wjgr/8vx... ๐๐๐๐๐๐ ๐ https://tinyurl.com/y8sbw9w8 ๐ ๐๐๐๐๐ ๐ https://bit.ly/3JZwgyc ๐ ๐๐๐ฌ๐ญ ๐๐๐ซ๐ฆ & ๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ (๐๐ฉ๐๐ฆ-๐๐ซ๐๐ ๐๐๐ฏ๐ข๐๐) ๐๐ข๐ญ๐ญ๐จ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐ https://ditto.sh/1bzezx ๐ ๐๐จ๐ข๐ง ๐๐ฎ๐ซ ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐๐ฅ๐๐ ๐ซ๐๐ฆ ๐ https://telegram.openinapp.co/money-purse ๐๐ก๐๐ญ๐ฌ๐๐ฉ๐ฉ ๐๐ก๐๐ง๐ง๐๐ฅ ๐ https://tinyurl.com/32cra3sc ๐๐๐ญ ๐ ๐ข๐ญ ๐ ๐๐ฆ๐ข๐ฅ๐ฒ (๐๐ญ๐ซ๐๐ฏ๐) ๐ https://strava.app.link/4U0TAr1zzTb ๐ค ๐๐ญ๐๐ฒ ๐๐จ๐ง๐ง๐๐๐ญ๐๐ ๐๐ข๐ญ๐ก ๐๐ฌ ๐๐ง๐ฌ๐ญ๐๐ ๐ซ๐๐ฆ ๐ / moneypurseadv ๐๐ฐ๐ข๐ญ๐ญ๐๐ซ ๐ / moneypurseadv ๐ ๐๐๐๐๐จ๐จ๐ค ๐ / moneypurseadv Thanks for watching. Team Money Purse 00:00 intro 00:44 About the Product 01:07 What are Municipal Bonds 02:47 Tenure of Bonds 03:04 Frequency of Interest Payment 04:44 RBI Effect on Bonds 06:57 Interest Rate on Bonds 07:22 About the safety 09:15 Taxation 11:54 Points to check before selecting a Bond Disclaimer: We are not SEBI registered. Before taking any positions, contact your financial advisor. we are not responsible for any Profits or losses; whatever we are providing here is purely educational and informational point of view