The settlement amount of a
bond, displayed on the website, consists of both the market price and accrued
interest, which can cause fluctuations. Here's how it works:
1. Market Price:
The market price of a bond
changes daily due to market dynamics, reflecting factors such as supply and
demand, interest rate variations, and economic conditions. As a result, if
there's a delay of a day or more between adding bond units to your cart and completing
the purchase, the market price might change, affecting the settlement amount.
2. Accrued Interest:
Bonds accumulate
interest daily until the purchase date. When you add bonds to your cart and buy
them after a few days, the accrued interest will be included in the settlement
amount. This interest accumulates from the time you added the bond to your cart
until the actual purchase date.
5paisa ensures transparency and accuracy by providing real-time
updates on bond prices and accrued interest. This helps you stay informed about
any changes in the settlement amount, enabling you to make timely and
well-informed investment decisions. Our platform offers detailed insights and
alerts, ensuring you understand how market fluctuations and accrued interest
impact your bond investments.
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