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What is NCD in share market?

Zerodha (Flat Rs 20 Per Trade)

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The NCD full form in share market is Non Convertible Debentures.

Non-convertible debentures are the fixed income debt securities issued by the companies for a long term. The issuer offers to pay interest at a specific rate at regular intervals to the NCD holders. These securities cannot be converted to any other form of security as they are non convertible in nature.

The investors can invest in NCD either by applying in IPO or trading listed NCD through stock exchanges.


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