Home Investment Products Debt / Bonds Axis Securities’ new platform to make investment in bond, debenture hassle free

Axis Securities’ new platform to make investment in bond, debenture hassle free

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Axis Securities’ new platform to make investment in bond, debenture hassle free

Axis SecuritiesAxis Securities on Wednesday introduced the launch of ‘YIELD’ – a web based platform to purchase and promote bonds in addition to debentures within the secondary market. “YIELD is the first-of-its-kind initiative that enables retail traders direct entry to the debt devices,” the brokerage home stated in a press release. This new device will take away the effort of filling up bodily types or the necessity for separate KYC with the bond establishments, it added . To facilitate transactions solely in safe choices, it aggregates solely ‘AAA’ to ‘A’ rated high quality debt devices obtainable for funding within the secondary market.

By providing aggressive charges and technical know-how, YIELD would empower the traders to make the precise funding determination. The trades and settlement of transactions executed might be reported on the BSE NDS (new debt section) platform.

“With YIELD, we intend to offer a seamless on-line platform that offers retail traders entry to bonds obtainable earlier solely to the big firms, household workplaces, or HNIs,” B Gopkumar, Managing Director and Chief Government Officer of Axis Securities stated.

Investing in bonds by YIELD is the reply to the traders looking for new various funding avenues for protected and comparatively increased returns, Axis Securities stated.

Other than diversification, funding in bonds presents security throughout market volatility as a consequence of fastened coupon charges. Bonds allow traders to earn higher worth from their investments with increased fastened returns, it added.

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