Online Bonds Platform Providers (OBPP)!

Corporates issue Non-Convertible Debentures (NCDs) or Bonds through IPO to raise long-term funds. In current scenario of high interest rates, lot of corporates are issuing NCDs. These are issued for a specific tenure of, say, one to seven years, and pay interest periodically or at maturity. Investors looking for higher fixed income other than Bank/Corporate FDs, can consider investing in these NCDs. These NCDs are obviously prone to credit & interest-rate risks. So, one should select NCDs with higher rating (minimum A), better YTM and ample liquidity on the exchanges. There are several Online Bonds Platform Providers (OBPP) registered with SEBI who provide these services of investing in bonds/NCDs.