Can some one help me understand why same Bond different category have such drastically different rates. Retail one at 7.39% rate is at 1000 but regular one at 7.14 is at 1100 Rs , please help me with some logic and reasoning.
Price differentail is due to demand and supply issue. Newly issued bonds always have a higher supply as many people invest for resale only. It will take few months before this excessive supply is bought over.
Retail one at 7.39% rate is at 1000 but regular one at 7.14 is at 1100 Rs , please help me with some logic and reasoning.