Question 1

Who are the founders of Tap Bonds?

Accepted Answer

The founders of Tap are:

Question 2

What do you mean by today's top-selling bonds?

Accepted Answer

Top-selling bonds refer to the bonds with the highest trading volume on a particular day. Trading volume indicates the total worth of bonds bought and sold. For example, if HDFC Bank bonds were traded for ₹209 crore on a given day, this would be reflected in the top-selling bonds list. This includes both RFQ (Request For Quote) and OTC (Over The Counter) trades. The data is sourced from the NSE and BSE and is updated daily.

Question 3

What do you mean by new issuances?

Accepted Answer

New issuances refer to bonds that have been recently launched in the market. Along with these new issuances, you’ll see the date when the bonds were made available for trade and the issuance size.

Question 4

What do you mean by Average Yield?

Accepted Answer

Average Yield is the weighted average interest rate or return that investors receive from a bond, based on the prices at which the bond was traded during a specific period. It represents the yield of the most actively traded bonds, factoring in both trade volume and the respective yields.

Question 5

What is the Daily Newsletter about?

Accepted Answer

The Daily Newsletter provides updates on the latest market trends, industry news, top-selling bonds, new issuances, and other important bond-related news. It helps you stay informed about the financial market.

Question 6

What’s the data source?

Accepted Answer

We source the data from reliable public platforms like NSDL, NSE, CDSL, SEBI.

Question 7

How frequently do you update the data?

Accepted Answer

Top-selling bonds:  The data is updated daily, showing trading activity from the previous day.  New issuances:  These are updated as soon as new bonds are issued.

Question 8

What is the accuracy of the data shown?

Accepted Answer

The data on our platform is sourced from public, verified sources. We strive for accuracy but you can feel free to cross-check with the original sources or other sources. If you notice any discrepancies, please let us know, and we will address them promptly.

Question 9

Can I invest in tap bonds?

Accepted Answer

Currently, our platform does not offer investment options. However, you can use our Bond Finder feature to compare the best available yields across different platforms and decide which bond to invest in and where.

Question 10

How can I invest in bonds?

Accepted Answer

To invest in bonds, you need to use a broker or an OBPP (Online Bond Platform). First, complete your KYC process, which includes verifying your PAN, bank details, and providing your CMR (Client Master Report) for demat account setup. Once your KYC is verified, bonds are securely held in your demat account. You can also use our Bond Finder feature to compare available yields across different platforms.

Question 11

Why are you not showing yield?

Accepted Answer

Currently, we only show the coupon rate for bonds in the Bonds Directory. Since Tap Bonds is not yet an OBPP (Online Bond Platform Provider) facilitating bond transactions, we are unable to show real-time yields. Yields depend on market transactions, which we do not currently support on the platform.

Question 12

Can I be notified when a new ISIN is issued for a bond?

Accepted Answer

While we don’t currently have an automatic notification feature, you can express interest in specific ISINs by clicking the ‘Interested’ button on the ISIN page. Alternatively, you can contact us via chat, email, or social media to request updates.

Question 13

What if I miss my expert call?

Accepted Answer

If you miss your call, no worries! You can always reschedule it by using the ‘ Book a Call ’ option on our platform.

Question 14

What is the Bonds Directory?

Accepted Answer

The Bonds Directory is a comprehensive listing of all bonds issued in the market along with their details. You can find information like the bond's coupon rate, face value, ratings, term sheet, maturity, payout schedules, and more. This data is updated daily, including new bond issuances.

Question 15

How can I use the Bonds Directory?

Accepted Answer

You can search for a specific company or ISIN in the Bonds Directory. The system will display a dropdown of available ISINs for the company or provide detailed information about a specific ISIN you're looking for.

Question 16

I can't find details for a specific ISIN. What should I do?

Accepted Answer

If you're unable to find a particular ISIN, you can submit a request for more information. Simply enter the ISIN and request the details, and we will update it in the directory within 24 hours.

Question 17

What’s the difference between the Bonds Directory and Bond Deep Dive?

Accepted Answer

Bonds Directory:  This is a catalogue of all ISINs (bonds) in the market, providing essential details like coupon rates, ratings, maturity dates, and other terms for each bond. Bond Deep Dive:  This involves a deeper financial evaluation of the bond issuer, including their financial health, management team, and industry positioning. For example, in the Bonds Directory, you would see the details of all ISINs issued by "Keertana." In the Bond Deep Dive section, you would see a detailed financial analysis of Keertana as a company, including its health and outlook.

Question 18

Where are you getting the data for Bond deep dive from?

Accepted Answer

Our bond deep dive data comes from reliable public sources like company filings, market reports, and other financial platforms. The deep dive is provided by our expert team and is designed to help you understand and evaluate the bond issuing companies better.

Question 19

How are you doing Bonds deep dive, and what factors are considered?

Accepted Answer

Our bond deep dive includes the following:        This data is sourced from public and verified channels for research purposes.

Question 20

How can I use Bond deep dive?

Accepted Answer

To use Bond Deep Dive, search for a company you want to evaluate. If detailed financial insights for that company are already available, you can access them directly. If not, you can submit a request, and we will provide the information within 2 working days.

Question 21

How can I seek guidance to understand and evaluate bonds?

Accepted Answer

If you need help understanding bonds or specific ISINs, you can book a call with one of our  bond experts .  For more assistance, reach us through the chat box, email, social media, or our WhatsApp community. You can also check our YouTube channel for videos on bonds.

Question 22

What’s the difference between the Bonds Directory and Bond Deep Dive?

Accepted Answer

Bonds Directory:  This is a catalog of all ISINs (bonds) in the market, providing essential details like coupon rates, ratings, maturity dates, and other terms for each bond. Bond Deep Dive:  This involves a deeper financial evaluation of the bond issuer, including their financial health, management team, and industry positioning. For example, in the Bonds Directory, you would see the details of all ISINs issued by "Keertana." In the Bond Deep Dive section, you would see a detailed financial analysis of Keertana as a company, including its health and outlook.

Question 23

What is the Bond Finder?

Accepted Answer

The Bond Finder, is a feature that functions as a bond scanner tool. It allows users to explore available bonds, providing information on where each bond can be found and what yields are associated with them. Please note - user has to visit the respective OBPP’s and check for availability

Question 24

How do I use the Bond Finder?

Accepted Answer

To use the Bond Finder, simply navigate to the feature on the website. You can view a list of available bonds, see which platforms they are available on, and check the respective yields for each bond.

Question 25

Is the Bond Finder updated in real-time?

Accepted Answer

No, the Bond Finder is not updated in real-time. The data is refreshed on a weekly basis to ensure users have the most current information.

Question 26

What does the Calculator feature do?

Accepted Answer

The Calculator feature allows users to perform various financial calculations related to bonds and investments. Users can input data like yield or price to determine the other value, and it also shows accrued days and accrued interest for bonds. There are additional calculators for take-home salary and Return on Investment (ROI) calculations.

Question 27

How accurate are the Calculator's results?

Accepted Answer

The Calculator's results are accurate based on the data you input, using standard financial formulas. However, the calculations are pre-tax, meaning they don't account for taxes or fees unless specified. We fetch the data basis the payout schedule which is available with us, which is procured from public datasets, if you find any disparities in the calculations please reach out to us at support@tapbonds.com

Question 28

Can I compare different investment scenarios using the Calculator?

Accepted Answer

Yes, users can compare different investment scenarios by entering various inputs (e.g., yield, price) to see how they affect the bond's price or yield, as well as accrued interest.

Question 29

Does the Calculator account for taxes and fees?

Accepted Answer

No, the Calculator does not account for taxes or fees. The calculations provided are pre-tax and do not consider these factors.

Question 30

What do you mean by Calculate Price?

Accepted Answer

"Calculate Price" refers to entering a yield and using the Calculator to determine the corresponding price that would need to be paid for that bond at that yield.

Question 31

What is take home calculator?

Accepted Answer

The Take-Home Calculator is a tool that helps users calculate their net salary after accounting for deductions such as taxes, benefits, and other applicable expenses. It provides an estimate of the actual income that the user will receive.

Question 32

What is ROI calculator?

Accepted Answer

The ROI (Return on Investment) Calculator is a simple tool that helps users calculate the return they would earn on an investment. By entering the initial investment and final value, users can determine the percentage return on their investment.

Question 33

What is the 'Talk to Expert' feature?

Accepted Answer

The Talk to Expert feature allows you to connect with experienced financial professionals who can provide insights on bond investments, market trends, risk assessment, and portfolio management. It is designed to help users to make informed decisions based on their financial goals.

Question 34

How can I schedule a session with an expert?

Accepted Answer

You can schedule a session by selecting a suitable date and time from the available slots on the platform. Once booked, you will receive confirmation details and instructions on how to join the session.

Question 35

Is there a fee for consulting with an expert?

Accepted Answer

No, there is no fee for using the Talk to Expert feature. It is a free service offered to our users who wish to receive professional guidance on bond investments, market trends, risk management, and more. You can schedule a session with an expert at no cost and get personalized advice to help you make informed investment decisions.

Question 36

What topics can I discuss during the consultation?

Accepted Answer

You can discuss various investment-related topics, including

Question 37

What if I miss my scheduled expert call?

Accepted Answer

If you miss your scheduled call, you can reschedule it through the platform, subject to the expert's availability. It is advisable to cancel or reschedule in advance if you are unable to attend.

Question 38

Can I be notified when a new ISIN is issued for a bond?

Accepted Answer

While we don’t currently have an automatic notification feature, you can express interest in specific ISINs by clicking the ‘Interested’ button on the ISIN page. Alternatively, you can contact us via chat, email, or social media to request updates.

FAQ

Tap Bonds Basics

Data and Resources

Bond Investment and Platform Usage

Bonds Directory

Bonds Deep Dive

Bond Finder

Calculator

Talk to Expert

New Updates

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