Axis Securities launches online platform ‘YIELD’ for hassle free investment in bond, debenture
- Axis Securities has launched a first-of-its-kind initiative called ‘YIELD’, that will allow retail investors direct access to the debt instruments,
- YIELD is an online platform to buy and sell bonds as well as debentures in the secondary market.
- It will remove the hassle of filling up physical forms and even the need for separate KYC with the bond institutions.
- The product shall aggregate only ‘AAA’ to ‘A’ rated quality debt instruments available for investment in the secondary market, to facilitate transactions in secure options only.
- Through this product, retail investors will get access to bonds, which were earlier available only to the large corporations, family offices, or HNIs.