Step by Step guide: How to buy bonds online in India?
Bonds are a great way to diversify your portfolio and build long-term wealth. However, with the rise of online trading, knowing how to buy bonds online can take time and effort. This article will help you navigate the process by providing a step-by-step guide on buying bonds online in India. Read on to find out more! Introduction to Bonds Bonds are a type of debt security in which the issuer – typically a corporation, government, or municipality – promises to pay periodic interest payments (coupons) and repay the face value of the bond at maturity. Bonds are issued to raise money for various reasons, such as to finance capital expenditures or to fund working capital. The issuer sells the bonds to investors and uses the proceeds from the bond sale to finance its project or operation. The main what are types of bonds traded in India are Government securities, corporate bonds, PSU Bonds ( public sector undertakings) , and tax-free bonds. Government securities are issued by the Rese