Listed bonds are admitted to trading on BSE or NSE and must follow SEBI's disclosure rules; unlisted bonds are not traded on an exchange and carry fewer disclosure obligations.
Listed issuers must publish results, rating changes and any delay in payment, and appoint a debenture trustee. Prices of listed bonds are visible on the exchanges. Unlisted bonds can be harder to value and to sell.
Tax treatment can also differ, for example in how capital gains are taxed. Check the rules for the year you sell.
Related
Related terms: Private placement of bonds · ISIN · Online bond platform (OBPP)
Before investing, look up the issuer: all its outstanding bonds, rating history and disclosure documents.
This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
