Fixed Income
Guaranteed returns if held till maturity.
Portfolio
Diversify with Bonds for better growth.
No TDS on
Listed Bonds
Manage Credit Risk
Safely with Bonds
What is a Bond?
A bond is like a loan you give to a company or government. They borrow money from you for a set time and pay you interest for letting them borrow it. When the bond ends, they return the full amount you invested.
How to Invest in Bonds?
In two ways: through the primary market or the secondary market. In the primary market, you buy bonds directly from companies or governments when they first offer them. In the secondary market, you can buy bonds that other investors are already trading.
Looking to Invest in Bonds with Mac Capital?
Choose a bond based on your investment goals.
Step 1: Bond Selection
Provide your KYC, bank, and demat details.
Call With Our Relationship Manager
Our Bond Manager will contact you and guide you through the process.
Step 2: Personal Details
You will receive a detailed proposal.
Accept the Proposal & Pay
Beneficiary Name: Indian Clearing Corporation
RTGS Settlement Account: 8715962
IFSC Code: ICLL0000001
Banker: RBI Fort
Step 3: Get a Quote
Once payment is confirmed, the bond will be transferred to your Demat Account.
Relax !
Call us anytime when you're ready to buy or sell a new bond.
Step 4: Get the Bond
Basic Bond Terminology with Mac Capital
Coupon Rate
The coupon rate is the interest rate paid by the issuer to the investor on a regular basis.
Face Value
Face value is the value of the bond set by the issuer at the time of issue. It can range from as low as Rs.100 to as high as Rs.10 lakhs per bond.
Maturity Date
This is the date when the bond matures, meaning the borrower must repay the principal amount to the bondholder.
Yield to Maturity (YTM)
YTM is the return an investor will earn if they buy the bond at its current price and hold it until maturity.
Call / Put Option
A call option gives the issuer the right to redeem the bond before its maturity date. A put option gives the investor the right to sell the bond back to the issuer before its maturity date.
Perpetual Bond
A perpetual bond has no fixed maturity date. It often comes with a call option that allows the issuer to redeem the bond before a set date. If the call option is not exercised, the bond can be redeemed after certain intervals.
Yield to Call / Put (YTC / YTP)
YTC or YTP is the return an investor will earn if they buy a callable or puttable bond at the current market price and hold it until the call or put date.
Accrued Interest
When a bond is traded between coupon dates, the buyer must pay the seller the interest due for the period since the last coupon date.