Exploring the Different Types of Bonds: Your Starter Handbook
Bonds often form the spine of conservative and balanced portfolios by delivering scheduled interest and returning principal at maturity, helping you diversify equities. If you want a safe and seamless path to fixed income, Aspero’s platform lets you compare quality issues fast so you can invest with confidence.
1) Government Bonds (G-Secs & T-Bills)
{Issued by the Government of India, these state-backed securities prioritize capital safety and suit capital-preserving investors; products include G-Secs for longer tenors and T-Bills for short cash parking. With Aspero, you can view yields and maturities side-by-side and get plain-English explainers on how sovereign bonds fit your plan.
2) Company Debt for Better Income
{Corporate bonds are issued by companies and typically pay more than G-Secs in exchange for issuer credit risk. They’re useful for boosting portfolio income if you screen for ratings and covenants. On Aspero, you can filter by yield, rating, and tenure and ladder maturities in minutes.
3) Municipal (Local Body) Bonds
{Munis are issued by local bodies to fund infrastructure and civic projects and may offer tax advantages in specific cases. Aspero highlights available issues and explains how ratings and covenants influence muni risk and return.
4) Zero-Coupon (Discounted) Bonds
{Zero-coupon bonds pay no periodic interest; instead, you buy at a discount and redeem at face value. They can suit long-term goals and tax planning. Aspero shows yield-to-maturity clearly so you can align maturities to targets.
5) Fixed Income with Equity Option
{Convertibles start as coupon instruments but can convert into equity under set conditions, blending income with potential upside. Aspero explains how parity and premium affect returns so you can decide if equity optionality fits your view.
6) Fixed vs Floating Rate Bonds
{Fixed-rate bonds provide predictable income, while floating-rate bonds reset payouts to benchmarks like repo/MCLR, adding variability when benchmarks move. Aspero’s Sovereign Gold Bonds (SGBs) comparisons help you choose based on your rate view.
7) Sovereign Gold Bonds (SGBs)
{SGBs give you gold-linked returns plus extra coupon, without storage hassles or making charges. On Aspero, you’ll find subscription windows and redemption rules explained so you can add gold efficiently.
Next Steps: From Learning to Allocating
The bond universe has something for every investor: G-Secs/T-Bills for capital security, company debt for higher yield, munis for community-backed projects, discounted growth, equity-linked potential, paper-gold convenience. With Aspero’s expert-curated marketplace and intelligent tools, you can screen, select, and execute in minutes—then monitor progress from one dashboard as your fixed-income plan matures over time.