Axis Securities’ new platform to make funding in bond

Axis Securities has introduced the launch of ‘YIELD’ – a web based platform to purchase and promote bonds in addition to debentures within the secondary market. By providing aggressive charges and technical know-how, YIELD would empower the buyers to make the suitable funding determination. The trades and settlement of transactions executed will likely be reported on the BSE NDS (new debt phase) 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 home mentioned in a press release.
  • This new device will take away the effort of filling up bodily types or the necessity for separate KYC with the bond establishments, it added.
  • To facilitate transactions solely insecure choices, it aggregates solely ‘AAA’ to ‘A’ rated high quality debt devices out there for funding within the secondary market.

Important takeaways for all aggressive exams:

  • Axis Bank Commenced operations: 1994.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank Tagline: Badhti Ka Naam Zindagi Managing.
  • Axis Bank MD and CEO: Amitabh Chaudhry.

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