Monthly Archive August 2017


Fixed Income Securities

Interest rates on Bank Fixed Deposits are sliding continuously. The retired and pensioners are facing a tough time managing their expenses. Equities are not their cup of tea at this stage. What is the best option available to them? One can look at good rated corporate bonds which give a steady interest income without compromising the safety. Most of these bonds have residual maturity( left over till maturity date) of 3-10 years with interest payments either annually or bi-annually. All one needs is to have a demat account to hold the delivery of the bonds either in primary or secondary market trades.