The HDFC GOI RBI Floating Rate Savings Bond 2020 can be considered a good investment option for certain investors. And these bonds are also issued by the Reserve Bank of India (RBI) making them fully risk-free. This aspect provides a sense of security to investors.
The suitability of these bonds as an investment option depends on the prevailing interest rate environment. When interest rates are low and expected to rise in the future investing in HDFC GOI RBI Floating Rate Savings Bond 2020 can be advantageous. The bond offers a coupon rate linked to the National Saving Certificate (NSC) rate with an in addition spread of 35 basis points (bps). This provides an attractive return to investors.

Click here for more details about HDFC GOI RBI Floating Rate Savings Bond 2020