Investor corner: Calculate bond prices and yields with IndiaBonds's new online calculator - Here's how
The Bond Calculator aims to remove complexity of bond calculations and provide easy solutions even when on the move.
IndiaBonds Launches Bond Calculator that simplifies Bond Yield and Price calculations for investors Bond Investors set to benefit from the launch of IndiaBonds' innovative Bond Calculator. A widget that is India's first-of-its-kind calculator helping individual and institutional investors calculate Bond Yield and
Price online for thousands of corporate bonds and government securities.
Mumbai: Bond price and bond yield calculations are at the heart of the bond investment. But investors and market practitioners have limited tools to do calculations at their convenience.
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To aid investors who invest in the fixed income space, IndiaBonds, a fintech debt online platform, has launched a strategic tool - 'Bond Calculator'. The online Bond Yield Calculator which is a widget on IndiaBonds website, is available for investors all over India after simply registering on its platform.
The Bond Calculator aims to remove complexity of bond calculations and provide easy solutions even when on the move. Post the successful launch of Bond Directory, last August, which is the first private bond repository in India that hosts a list and details of 10,000+ bonds issued, IndiaBonds has launched its second revolutionary breakthrough to make bond investments simpler for all.
"We are thrilled to announce the launch of the Bond Calculator a product that enables us to provide investors with means that make this industry more accessible for everyone for investments. The Bond Calculator is unlike the ordinary calculators available in the markets. It's an ingenious tool which iscustomised for Indian corporate bond and government securities market and empowers investors to make their own investment related decisions", Aditi Mittal, co-founder, IndiaBonds, said.
The Bond Calculator solves this issue and allows investors to choose from a wide range of available bonds, enter the price to calculate Yield to Maturity or vice versa. The calculations also allow the users to access detailed breakup of principal, accrued interest and total settlement amounts.
"Today, most individual investors rely on their advisors or cumbersome spreadsheets to help them with mathematical computations associated with Bond Yield calculations. This is where the Bond Calculator comes into picture. We are looking to demystify the complexities surrounding bond investments in the minds of investors," Aditi Mittal said.
With PTI Inputs
08:43 am