Sept 2024 Economic Times
Investors looking to earn more than bank deposits and unwilling to take risk in equities at elevated valuations are logging on to bond platforms to buy into higher yielding fixed-income instruments.
Investors looking to earn more than bank deposits and unwilling to take risk in equities at elevated valuations are logging on to bond platforms to buy into higher yielding fixed-income instruments.
“These NCDs give you an opportunity to earn 230-335 basis points above bank deposits and since they are listed on the stock exchange there is some liquidity”.
“It’s a small issue compared to the size of the company and it seems that servicing debt should not be a problem for Adani Enterprises. Investors can look to invest a small part of their fixed income portfolio in this issue,”.
So, money managers believe conservative investors looking for regular income could lock into some of these bonds, which come in maturities ranging from a decade to as long as half a century.
If the nomination exists, it cannot be misused in any way. “Without nominations, the accounts would get frozen necessitating the requirement of a probate.”