Feedback Message Board

@487 Saharanpuri
Why 15 year IRFC bond is at par while 10 year one @ 1017-18 ?

It is globally observed that 10 year bonds remain in high demand and most of the institutional investors & big investors invest in 10 year bonds. That is the reason they primarily go for 10 year bonds and not 15 year bonds. They dont apply in these bonds just for listing gains and hold on to their investments for a long term.I think it is primarily because of the fact that Retail Investors mostly apply for 15 year bonds with higher interest rates and start selling them as soon as they list and This increse supply reduces the prise.