Buying bonds from Goldenpi

[Stonecold]

@GoldenPi
1.) Are all bonds which are available through Goldenpi, listed on the exchanges ?
2.) What is the difference b/w buying a listed bond from Goldenpi’s platform and from the exchange ?

[Bhuvan]

@Stonecold

Are all bonds which are available through Goldenpi, listed on the exchanges ?

No

@Stonecold

What is the difference b/w buying a listed bond from Goldenpi’s platform and from the exchange ?

Not all listed bonds trade. The trading volume is just in some 10-20 bonds and at the most 4-5 crs of volume. Even if you buy on Exchange, you’ll end up getting an illiquid price which is artificial. On Goldenpi, you’ll get a better price.

[Stonecold]

@Bhuvan

Even if you buy on Goldenpi, you’ll end up getting an illiquid price which is artificial.

I think here you mean Exchange instead of Goldenpi.

[Bhuvan]

@Stonecold

I think here you mean Exchange instead of Goldenpi.

Yep, my bad. Check this:
https://www.nseindia.com/market-data/bonds-traded-in-capital-market

[Stonecold]

Ok, so the advantage Goldenpi offers is a better price along with offering easy search feature of bonds according to our requirement.
And are all these bonds available in demat format if we buy from Goldenpi ?

[Bhuvan]

@Stonecold

, so the advantage Goldenpi offers is a better price along with offering easy search feature of bonds according to our requirement.
And are all these bonds available in demat format if we buy from Goldenpi ?

That’s right.