Can we expect dashboard or view that allows us to list, manage, order, identify and choose bonds of different categories - Public Offers and also secondary markets on Zerodha?
As of now, We get minimal information available on zerodha platforms when compared to stocks. For example: We get Fundamentals and Technicals view for a stock, but we do not even get to see Yield to Maturity for a Bond.
@siva @Meher_Smaran basic information like ISIN Yield name of the issuer should be visible right? @Tijori_Finance since they’re the once handling the fundamentals section i guess
Yes, that’s the plan. Will offer widget for bonds also with all data points, this will take some time but will come.
Can take couple of quarters.
While order placement won’t be in scope, we have worked on a platform that calculates live gsec yields basis best bid and ask prices to make gsec buy/sell decisions.
Would be great to hear what else can be added on this page to make it more useful!
(Tip: Test during market hours for live prices).
And with some basic understanding of yield curves, the tool also helps you understand that the gsec mentioned below was actually not underpriced, given the maturity.
Consider adding
Also, another view with real-time Bid and Ask yield-curves
over the next several years plotted on the same chart
would be insightful to spot any deviations / opportunities.
Yet another view would be to display streaming tickers quotes (Ask/Volume)
of specific bonds / classes of bonds of interest to the user.
Finally,
support the ability for the user to specify “limit orders” across multiple bonds.
Something like -
“Purchase upto 1L worth GSECs or SDLs, maturing within the next 10 years, at annual-yield > 10%.”
Source: Personal terminal/console tool for investing/trading in bonds.
PS: This post contains some observations of yields/volumes over the last few years.
Hopefully, helps in estimating the potential market / product-market-fit for such a terminal/console/dashboard.
