Exploring the Different Types of Bonds: Your Starter Handbook
Bonds sit at the core of conservative and balanced portfolios by delivering scheduled interest and returning principal at maturity, helping you smooth volatility. New to bonds? Aspero streamlines screening and checkout to help you get started smartly.
1) Government Bonds
{Issued by the Government of India, these state-backed securities prioritize capital safety and suit capital-preserving investors; products include longer-dated G-Secs and short-dated Treasury Bills. With Aspero, you can browse live auctions or listed lots and get expert summaries on how sovereign bonds fit your plan.
2) Corporate Bonds: Higher Yield, Higher Diligence
{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) Funding Cities, Earning Coupons
{Munis are issued by local bodies to fund roads, water, and public assets and may provide favorable post-tax outcomes. Aspero surfaces credible listings and explains how credit support, guarantees, and project cash flows 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 match horizons to needs.
5) Convertible Bonds
{Convertibles start as coupon instruments but can turn into shares under set conditions, blending downside cushion with potential upside. Aspero explains conversion terms, triggers, and valuation so you can decide if equity optionality fits your view.
6) Fixed vs Floating Coupons
{Fixed-rate Government Bonds bonds provide predictable income, while floating-rate bonds reset payouts to benchmarks like repo/MCLR, adding variability when benchmarks move. Aspero’s comparisons help you choose based on your rate view.
7) Gold Exposure, Bond Convenience
{SGBs give you exposure to gold price moves plus extra coupon, without the risks of physical gold. On Aspero, you’ll find eligibility, calendars, and pricing explained so you can add gold efficiently.
Next Steps: From Learning to Allocating
The bond universe has something for every investor: sovereigns for safety, company debt for higher yield, local issuers for diversification, zeros for long-term targets, convertibles for hybrid upside, and SGBs for gold exposure with interest. With Aspero’s trusted platform and clear filters and research, you can screen, select, and execute in minutes—then track holdings with real-time updates as your fixed-income plan matures over time.