Blog

Fixed Flow Team · 7 min read · Aug 9, 2026

Understanding the Risks of Bond Investing

A plain map of the five main risks (default, interest-rate, inflation, liquidity, reinvestment), each with when-it-matters and how-to-manage, plus diversification as the one habit that helps with nearly all of them.

Fixed Flow Team · 7 min read · Aug 9, 2026

Why Do Companies and Governments Issue Bonds?

The borrower's side (bonds vs bank loans vs equity), why governments are the largest issuers, and how "why is this entity borrowing?" doubles as a risk signal.

Fixed Flow Team · 9 min read · Aug 9, 2026

Understanding Bond Taxation in India

Built around the core split between interest (taxed at slab) and capital gains (by holding period and listing status), then TDS, and the special instruments: tax-free bonds, 54EC capital-gains bonds, and Sovereign Gold Bonds.

Fixed Flow Team · 8 min read · Aug 8, 2026

Bond Terminology Decoded: How to Read a Bond Listing

A glossary that sorts terms by whether they actually change your risk. Explains why the debited amount exceeds the quoted price (clean vs dirty price) and why a call option structurally works against you.

Fixed Flow Team · 9 min read · Aug 8, 2026

Bonds vs Fixed Deposits: An Honest Comparison for Indian Savers

The highest-intent comparison in Indian personal finance. Built around a counterintuitive point most FD content misses: DICGC insurance is a ₹5 lakh cap, so for large balances a G-Sec can genuinely be the safer home than a bank deposit.

Fixed Flow Team · 8 min read · Jul 10, 2026

What Is a Bond, Really? A Plain-English Guide

Strip away the jargon: a bond is just an IOU with a schedule. Here's how to read one.

Fixed Flow Team · 7 min read · Jul 3, 2026

Government vs Corporate Bonds in India: Which One Fits You?

This blog explains the middle ground most people miss, and shows you how to actually buy each type.

Fixed Flow Team · 10 min read · Aug 8, 2026

Credit Ratings and Default Risk: Reading Beyond the Letter

How ratings work, what they miss, and why credit spreads move before ratings do. Emphasises refinancing risk, since many Indian credit accidents were maturity-wall failures rather than business failures.

Fixed Flow Team · 9 min read · Aug 8, 2026

How to Buy and Sell Bonds in India: The Practical Guide

The practical mechanics: RBI Retail Direct vs OBPPs vs the exchanges, settlement, costs, and the point that the bid-ask spread usually costs more than the stated fees.

Fixed Flow Team · 8 min read · Jun 26, 2026

Coupon vs Yield: Why the Number on Your Bond Isn’t Your Real Return

Coupon income, capital gains, and where TDS fits - a slab-by-slab walkthrough.

Fixed Flow Team · 9 min read · Jun 18, 2026

Interest Rate Risk, Duration & Bond Laddering: Protecting Your Fixed Income

The threshold, the rate, and how to reconcile it at filing time.

Fixed Flow Team · 12 min read · Aug 8, 2026

Beyond Plain Vanilla: Where Structural Risk Hides in Fixed Income

where the structure, not the issuer, is the risk. AT1 loss absorption, the call-date illusion, MLD payoff mechanics, and floating-rate and zero-coupon structures

Fixed Flow Team · 11 min read · Aug 8, 2026

Bond Valuation: What a Bond Is Actually Worth

discounting from first principles, Macaulay vs modified duration, convexity as an asymmetry favouring the holder, negative convexity in callables, yield-to-worst, reinvestment risk, and the nominal → G-spread → Z-spread → OAS hierarchy, with an honest section on how thin Indian liquidity degrades these models.

Fixed Flow Team · 11 min read · Jun 10, 2026

RBI Policy, the Yield Curve & What Moves Bond Prices

from an RBI committee’s decision to the price of the bond in your portfolio, and shows how experienced investors use the yield curve as a forward-looking instrument rather than a chart to admire.