Online bond platforms have made investing in bonds easy and accessible to all. But has this made a difference? In a conversation with Moneycontrol, Vibhor Mittal, COO of Aspero, an online bond platform, says, such platforms have brought in greater transparency and easier access but demand from retails investors remains small.
With this launch, Yubi Invest will also be rebranded to Aspero and cater to wealth managers, financial advisors as well as directly to retail investors.
The platform provides investors the opportunity to enter the bond market with investments as low as Rs 1,000, offering yields ranging from 9% to 14% for bonds rated in the investment-grade category, the company said.