SBI returned money to bondholders who put their money in 15 years bond in SBI Retail bond in March 2011 with 9.95% annually have got their investments back ahead of maturity.
With the interest rate going down it was natural for SBI to call their bonds in 10th year, when five year Fixed deposit rates were 5.4% annually.
Retail investors and retirees were the major holders of this bonds as they come from government backed entity.
There are various others investments options who have got their money back like Index Fund/ETFs with return of 10%-14% compounded annually.
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