Mouth watering indicative yields in primary auctions currently open to individual investors on the RRD Platform www.rbiretaildirect.org.in
RBI Retail Direct (RRD) helps you invest in T-bills that are currently offering higher returns than bank FDs of similar tenor.
Mouth watering indicative yields in primary auctions currently open to individual investors on the RRD Platform www.rbiretaildirect.org.in
Treasury Bill (T-bill) auction open till 8am on Wednesday, July 20, 2022
Central Govt Securities (G-sec) auction open till 8am on Friday, July 22, 2022
For the savvy retail investor
Please visit www.rbiretaildirect.org.in for
I believe RRD is a beautiful initiative from RBI. In the long run, the platform may help in moderating interest rates, through a gradual process of disintermediation.
Retail investors having direct access to sovereign debt may have other benefits as well. In particular, it may motivate retail investors to shift some more portion of their physical assets to financial assets. This could again have a positive impact on the overall economy.
Watch this space over coming days / weeks for further updates.
Views expressed herein are personal.
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