Same bond listed in multiple categories on NSE?

General
1

IRFC bond is available from N1 to N9 , NB etc to trade on NSE

but all price were different .

kindly explain why so ?

2 Likes
2

These are bonds issued by the same entity but with different features. They could be issued on different dates with different coupon rates etc

You can find the difference by clicking on the Securities Information on this link:

http://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=IRFC&series=N5

3 Likes
3

Nice question bro. Learnt a new thing today

4
  1. is NSE a secondary market or primary market ?
  2. is it possible to buy these bonds at their face value only without paying any premium ? from where & how ?
5
  1. Once a Stock hits the Stock Exchange, its said to be part of the secondary market.
  2. You can’t buy it from the Exchanges at Face value. You have to buy it when the companies are coming out with these new issues.