Now, invest in Bonds on Paytm Money3 min read
Just like our investors, we too are keen on expanding our portfolio. This time taking it ahead, Paytm Money has introduced Bonds on the platform.
We are all ready to serve you and the product is live on iOS and in a short span will be live on Web and Android.
The PML team has simplified the process of searching and trading in bonds. To get started, all you have to do is add them to your watchlist and track your favourite bonds.
Let’s take you along the feature, it’s importance and step by step process to get started-
What are Bonds and why do people trade in it?
To put it in simple words, a bond is a kind of loan from an investor to a borrower such as a company or government. Companies issue bonds to raise money for a variety of purposes be it to grow their business, investing in materials and other corporate reasons.
In return, the company promises to return the money, also known as Principal on a specified date of maturity. By trading in bonds you receive a fixed coupon payment on the investment made, this is over and above the capital gains.
Yield is a concept in bond investment that must be kept thoroughly in mind, it’s the tool that is used to measure the returns of one bond against another. It helps you in making informed decisions. Yield is nothing but the return received on bond investments.
What can you expect to see under Bonds in Paytm Money?
- A curated list of Bonds that are trading in the stock exchanges
We have launched a set of listed Bonds keeping in mind that debt instruments are not traded as frequently as some as the top stocks in the market. We have enabled only specific Bond instruments that are commonly traded by retail users.
- Market Depth and High Low values
You will be able to see market depth, Open, High, Low, Close, 52 week high and low, and all other relevant values that are required for taking an investing decision.
- Fundamental values for Bonds
On Paytm Money, you will be able to view the fundamentals for Bond instruments, like face value, yield, rating, date of redemption etc. All of this information has been carefully sourced from our partners and presented to you in a user-friendly manner.
- Similar Bonds to compare the returns on other bonds
You can see similar bonds that are trading in the stock market, and decide which ones to invest in.
Major Bonds traded on exchange
Following is the list of some Bonds that are currently highly traded on the exchanges:
For checking out Bonds on Paytm Money, follow these steps:
- Search for any Bond using the search feature on stocks dashboard
- You can go to the specific “Bonds” bucket and search too
- Click on the bond of your choice to view its company page
- You can click on Buy/Sell to place order in Bonds
- Once the transaction is done, you can check the orders/portfolio section for tracking your holdings
- Price Alerts are supported in Bonds, you can set an alert to track the Bond price
- Charts are not supported for Bonds
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Paytm Money Limited. SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE (6707). Registered Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi –110019. Please refer www.paytmmoney.com for further information.