Corporate bond is a bond issued by a corporation to raise money from capital market. Unlike equity shares, bond holders do not have any ownership interest in the company when they buy corporate bonds.
When one buys a corporate bond, one lends money to the "issuer," the company that issued the bond. In exchange, the company promises to return the money, also known as "principal," on a specified maturity date. Until that date, the company usually pays you a stated rate of interest, generally semi-annually.
Corporate bonds are debt securities which are generally considered as long term investment option. The maturity period of these securities ranges from 1 year to 15-20 years. Corporate bonds are mostly listed with major stock exchanges (BSE and NSE) in India. Corporate bonds are also known as securities that do not have any equity element attached to it.
NCD's or Non-Convertible Debentures are Secured and Redeemable bonds. Click on the link below to view more detail of selected bond / NCD.
|Issuer Company||Issue Open||Issue Close||Offer Price
|Aug 23, 2011||Sep 05, 2011||1000/-||NCD||500.00|
|Sep 09, 2011||Sep 26, 2011||1000/-||NCD||800.00|
|Dec 22, 2011||Jan 07, 2012||1000/-||NCD||300.00|
|Sep 05, 2012||Sep 18, 2012||1000/-||NCD||500.00|
|Sep 12, 2012||Sep 26, 2012||1000/-||NCD||500.00|