Bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals (ex semi annual, annual, sometimes monthly).
Bonds provide the borrower with external funds to finance long-term investments, or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in the company (i.e., they are owners), whereas bondholders have a creditor stake in the company (i.e., they are lenders). Another difference is that bonds usually have a defined term, or maturity, after which the bond is redeemed, whereas stocks may be outstanding indefinitely.
CAPITAL GAIN BONDS – DOWNLOAD APPLICATION FORMS
|IRFC Capital Gain Bond
||IRFC Capital Gain Bonds Application Form
|National Highway Authority of India (NHAI)
||NHAI Capital Gain Bonds Series XX
|Power Finance Corporation of India (PFC)
||PFC Capital Gain Tax Series – 3
|Rural Electrification Corporation Limited (REC)
||54EC CGTE Bonds Series XIII FY 2019-20