Hi, if I purchase a NCD from secondary market at 1100 when its face value is 1000 and hold it till maturity then when the units are debited from the demat account they’ll be sold for the face value of 1000 or the value I bought them at?(1100)
Also, after purchasing how can I select the interest payout interval ?
Can some1 please tell the full form of these ?
Sec Red NCD 9.10% Sr. III
BOND 10.15% PA SRN S-III
BOND PA SRN S-VIII
Sec Red NCD