When we use zerodha demat for purchasing bonds, the current price is often marked as -
The reason mentioned is that it hasn’t traded on the exchange yet. In these cases, can we just show the face value instead? Because that’s the amount we would get if we hold till maturity and the kite portfolio will also reflect the current value of the portfolio accurately.
Maybe for government-securities, but not necessarily guaranteed for all bonds.
Well, the current value of illiquid bonds is zero.
So displaying some non-zero value for illiquid bonds,
will result is one seeing some value of of one’s portfolio that is
possibly wayyy different from what one would receive if trying to liquidate the portfolio.