Paytm Money launches platform for investing in bonds

Mumbai: Paytm Money, a Sebi registered broker and subsidiary of One97 Communications Limited (OCL) that owns the brand Paytm, has launched an bonds platform for retail investors in India. The platform enables investors to invest in government bonds, corporate bonds, and tax-free bonds, all in one place.

The bonds platform on the Paytm Money app provides investors with comprehensive information, converting it into yield to help them analyze and understand potential returns. Investors can get at one place information on coupon versus yield, clean price versus dirty price, coupon frequency, and coupon record dates. Instead, they can find all the necessary data on the Paytm Money app’s dashboard.

Paytm Money said that investing in the debt markets in India is still relatively new, and the country has the potential to attract ten crores.