NCD IPO
Know your Application Status, Allotment & more
Yield represents the return from an investment based on its price and cash flows.
For a newly issued NCD purchased at its issue price, the coupon rate and yield may be closely related, but they are not always the same.
If an NCD is purchased or sold in the secondary market at a price different from its face value, its yield can differ from the coupon rate.
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