State Guaranteed Bonds
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- State Guaranteed Bonds
State Guaranteed Bonds
We say that state-guaranteed bonds are issued and guaranteed by the government, which gives regular interest, and on maturity repay the principal amount and interest. These bonds are safe, secure, and senior and offer a higher rate of coupon. Mostly these bonds are having quarterly or semi-annual interest, which helps investors to maintain a regular income. These bonds are preferable for the senior citizens as they prepare their fund that clears their requirements.
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