2) There is no credit risk and the bonds are completely safe because they are issued by RBI and are sovereign rated. Is an RBI bond preferable to a fixed deposit? The Reserve Bank of India (RBI) offers floating-rate savings bonds with a rate of interest as high as 7.15 percent. This interest rate is […]

All bonds issued by the Government of Puerto Rico, or by its authority, are exempt from taxation by the United States, the Government of Puerto Rico, or any political or municipal subdivision thereof, or any State, Territory, or possession, or any county, municipality, or other municipal subdivision of any State, Territory, or possession of the

Puerto Rico, like many other government organizations, used municipal bonds to raise funds. Municipal bonds, like other bonds, appeal to investors because they are often secure and reliable investments. Municipal bonds also have the benefit of being tax-free. This incentive was especially appealing for Puerto Rico bonds because it was available to investors from all

Federal, state, and local taxes are not levied on bonds issued by the government of Puerto Rico and its subdivisions (so called “triple tax exemption”). Unlike other triple tax-exempt bonds, however, Puerto Rican bonds maintain their exemption independent of the bond holder’s location. This has made Puerto Rican bonds very appealing to municipal investors, who

MIAMI, Florida — On Tuesday, a federal judge approved Puerto Rico’s exit from bankruptcy under the largest public-sector debt restructuring plan in US history, nearly five years after the financially beleaguered territory claimed it couldn’t pay its creditors. Hurricanes Irma and Maria, a series of earthquakes, and the coronavirus epidemic have only exacerbated Puerto Rico’s

While the annuity market will likely remain slow in 2021 due to the lack of interest rate changes, the product’s sales strength should help to mitigate some of the losses. In addition, according to a Deloitte research, the life insurance industry should rebound in 2021, with premiums predicted to rise 2% after falling 8% last

Bonds are relatively safe, however the lower the interest rate of return, the safer the bond investment. Government bonds, which are considered almost risk-free, offer low yields that are usually below inflation. Government bonds are less expensive to buy and sell than real estate, but if you earn 2% and inflation is 1%, your return

Bonds are relatively safe, however the lower the interest rate of return, the safer the bond investment. Government bonds, which are considered almost risk-free, offer low yields that are usually below inflation. Government bonds are less expensive to buy and sell than real estate, but if you earn 2% and inflation is 1%, your return

When you buy a Probate Bond (also known as a Fiduciary Bond), you’re entering into a contract with the Obligee and a surety business. The Obligee is either a recently deceased person and their beneficiaries, or a person you will be caring for. A Probate Bond guarantees that you will carry out the deceased’s or

Prize bonds, which are issued by National Savings under the State Bank of Pakistan (SBP), have been around for decades and are regarded a very safe investment. Essentially, it works in the same way that buying a lottery ticket does, only you don’t lose any money if you don’t win. Do prize bonds appreciate in