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Showing posts from January, 2021
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  POWER FINANCE CORPORATION NCD ISSUE: SHOULD YOU INVEST? Less than a year ago, when the markets tanked in the month of March 2020 and continued on their downward trend, wiping out investor wealth globally, the negative sentiment in the market was a live and palpable new monster that devoured the confidence of the most seasoned investor.  Cut to Jan 2021, with indexes breaching new highs, the disciplined investors reaped the rewards of their patience as they saw their investments not only recover lost ground but also swell up to reasonable proportions. However, like a tiger in the shadows, the fear of markets tumbling down again remained in the investors mind. With high liquidity, investors continued to look for investment options to park their funds. In times such as these, Non Convertible Debentures by the Public Sector enterprise; Power Finance Corporation (PFC) present an investment opportunity to investors looking for fixed returns.  These bonds are secured, AAA rated by three age