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Introduction of Long Term Bond of 40 Years Maturity

Dated:- 24-4-2015 - The Government has received proposal to launch long term bond of 40 years maturity. It is proposed to introduce a long tenor bond of 40 years maturity n H1 of 2015-16 in view of the elongation of maturity of the portfolio which is .....

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companies and provident funds seeking to hedge long term liabilities. These investors have evinced interest in 40 year bond. In the backdrop of very flat yield curve as the cost may not be much higher than the 30 years security, it is proposed to la .....

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