Comment on Invest in government bonds and sovereign gold bonds on Kite
commented on
14 Sep 2023, 07:02 PM
Hi
Recently I saw a bond 1018GS2026 , It traded at 130/-. My doubt is…as the GSec earns only 10.18, even if accumulated interest is also worked out…why it sells at so high a price of 130 ?…Can you enlighten me on the logic behind this ?