Can I Buy Bonds From Secondary Markets?
Bonds that are listed on stock exchanges provide additional liquidity to investors.
Secondary markets can be helpful in increasing liquidity and making additional profits.
But they also come with risks, such as market volatility.
Bonds purchased on a recognised stock exchange are considered listed bonds.
The period for determining whether capital gains are short-term or long-term is 12 months.
The current tax rates are applicable to different types of capital gains.
Long-term capital gains will be taxed at a rate of 20%, while short-term capital gains will be taxed at marginal rates.
The fact that the Bond was purchased from a stock exchange suggests that it is a listed bond.
Similar to when a bond is purchased on the primary market and sold off-market, the tax treatment will be the same.