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Bonds & NCDs

Fixed-income basics — credit ratings, yields, liquidity and taxation.

Bonds vs NCDs vs Fixed Deposits: Credit Rating, Yield and Liquidity

Bonds, non-convertible debentures and fixed deposits all pay interest, but they differ in who backs them, how they are rated, how easily you can exit and how they are taxed. A plain-language comparison.

15 Sept 2026 3 min read

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