9.7% interest rate this debt instrument beats all high-return fixed deposits
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3vHTCDh5jmA6f5i9K3HiM-59o8yVdKtscJNDfIrgSMCwFEIKq7_if_LLFS9lDCAyViUJqomdqPZe3b19doKEkOGdm70E8Bah2D-bhtRplU_HN6I4eFRiUke-Ti5eufXEk-7oLuDKk-XP_CPjd8aXjz-B8WHlOjP9xfuJNq_W72r_hRuxGQ78GQAnSWEI/w425-h356/9.7%25%20interest%20rate.png)
Fixed deposits are currently giving interest rate returns that are quite low. Investors, therefore, are always on the lookout for options that they can use to enhance returns without increasing their risk exposure. The obscure investment tool that has grabbed the attention of the market recently is knocking at your door – the one with a terminal interest rate of not less than 9.7%, you won't look at your fixed deposit options any further. Spectacularly, the popular debt investment tool generates fair income, unlike its precarious counterparts. As a fixed-income investment, the bond market rivals the monetary market in terms of reliability of return, which makes it an appealing instrument for risk-averse investors. However, it is not completely clear what this miraculous Fix Deposit investment is. Take it down! It is none other than a Sovereign Gold Bond (SGB) offered by the Government of India. To offer a semi-annual rate of 9.7% per annum, payable in gold bullion, the SGB becomes