Let’s say that I buy some corporate bonds with 10 years maturity.
If I need the funds will I be able to sell that corporate bond through coin itself ?
Ex : IRCTC corporate bond (2031 maturity)
Let me know if this is possible.
Thanks in advance!
That depends on liquidity, if there are no sellers you can’t sell on exchange at fair price. If the quantum is big I guess you can reach out to some bond house for OTC trade.
If liquidity is important then better you avoid buying bonds directly on exchange and go for Mutual fund schemes after doing some research.