Bonds are fairly new to me,pls englighten me regarding queries below.
- Are t bills n government bonds available every week to invest in or it comes for investment infrequently as per rbi notice?
2.you get interest as per coupon rate on face value,right?if yes,then follow up question is that price at which we purchase it will effect annual interest rate ytm?,pls explain that with an example.
Assuming bond face value is 1000 coupon 7 purchase price 1010
And also please do not point to calculators, or bond formula as mentioned on various websites.
Need to understand what component is making yield variable.