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MTNL Bonds - List of 9 Mahanagar Telephone Nigam Limited. Bonds

MTNL Bonds are issued by Mahanagar Telephone Nigam Limited, a PSU that provides cellular network services in Mumbai and Delhi in India. MTNL is owned by BSNL, a government cellular network service company that operates pan India. In 2022, MTNL defaulted on its interest payments to the Union Bank of India. This forced them to delay the issue of government guaranteed bonds they were planning.

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Bonds are investment instruments that represent a loan made by the investor to a borrower like a corporate or government. The borrower borrows money for a stipulated period of time during which it pays interest to the investor. The loan (or principal) is returned to the investor at the end of the period which is denoted by the bond's maturity date.
Bonds are considered to be safer than equity or stocks. Bond investments should be considered by investors who have a low risk profile or who want to diversify their investments beyond stocks.
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