Before understanding about government bonds we have first to understand what is bond, in simple words bond is a debt or loan agreement or contract between the borrower and the borrowee which contains all the terms and conditions related to the loan amount between both the parties. Bond are of many types you can refer this page to understand about types of bonds. In india Central Government, State Government, Municipal Corporations, Banks and Corporates raises funds through different types of bonds.
here in this post we are only covering government bonds.
