Private bond placements take place when a company wants to raise debt from the market, but doesn’t offer this to the investing public at large. Instead, the investment bankers offer such bonds to a private group of investors.
PhillipCapital (India) will enable the execution of investing in private placement bonds we recommend. You will, therefore, be investing in these bonds using the PhillipCapital platform. You will hold the bonds yourself in your demat account.
“When facts change, it is best to change your mind.” It is not clear if this pragmatic statement was made by John Maynard Keynes or Winston Churchill. But it definitely applies to the world of investing where one needs to scout for the best opportunities after factoring in constantly changing asset prices, interest rates, macroeconomic conditions and regulations.
Ever since we started our coverage of FD products at PrimeInvestor, we’ve taken a very conservative approach to the entities whose deposits we recommend. Always putting capital safety over rates, our recommended list of FDs has been made up mainly of post office schemes, systemically important banks and very select NBFCs.