Axis Securities’ new platform to make investment in bond

Axis Securities has announced the launch of ‘YIELD’ – an online platform to buy and sell bonds as well as debentures in the secondary market. By offering competitive rates and technical know-how, YIELD would empower the investors to make the right investment decision. The trades and settlement of transactions executed will be reported on the BSE NDS (new debt segment) platform.

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About the YIELD:

  • “YIELD is the first-of-its-kind initiative that allows retail investors direct access to the debt instruments,” the brokerage house said in a statement.
  • This new tool will remove the hassle of filling up physical forms or the need for separate KYC with the bond institutions, it added.
  • To facilitate transactions only insecure options, it aggregates only ‘AAA’ to ‘A’ rated quality debt instruments available for investment in the secondary market.

Important takeaways for all competitive exams:

  • Axis Bank Commenced operations: 1994.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank Tagline: Dil Se Open.
  • Axis Bank MD and CEO: Amitabh Chaudhry.

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