The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
IOC Bonds are issued by Indian Oil Corporation, is India's biggest energy PSU (Public Sector Undertaking). In 2022, IOC was able to raise money through bonds by offering interest rates lower than government bonds. This shows the absolute faith institutional and retail investors have in IOC's financial strenght and ability to repay debt.