Axis Securities’ new platform to make funding in bond, debenture trouble 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 allows retail investors direct access to the debt instruments,” the brokerage home stated in a press release. This new software will take away the effort of filling up bodily varieties 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 accessible for funding within the secondary market. By providing aggressive charges and technical know-how, YIELD would empower the buyers to make the precise funding choice. The trades and settlement of transactions executed shall be reported on the BSE NDS (new debt section) platform. “With YIELD, we intend to provide a seamless online platform that gives retail investors access to bonds available earlier only to the large corporations, family offices, or HNIs,” B Gopkumar, Managing Director and Chief Executive Officer of Axis Securities stated. Investing in bonds via YIELD is the reply to the buyers searching for new different funding avenues for protected and comparatively larger returns, Axis Securities stated. Apart from diversification, funding in bonds provides security throughout market volatility as a result of fastened coupon charges. Bonds allow buyers to earn higher worth from their investments with larger fastened returns, it added. Subscribe to Mint Newsletters * Enter a sound e-mail * Thank you for subscribing to our e-newsletter.