Mumbai, July 11 -- Stock exchanges BSE and NSE have jointly urged market participants to take into account several important factors while investing in bonds through various online platforms.

In a joint statement Friday, the stock exchanges have advised investors to check the bond's credit rating, the issuer's track record in timely repayments, the liquidity of the instrument, settlement timelines, and the tax implications of the investment.

Additionally, the joint statement suggested it is crucial to verify whether the platform is a SEBI-registered Online Bond Platform Provider (OBPP).

In addition, the stock exchanges suggested investors carefully read platform disclaimers, understand the terms and conditions, and ensure that transact...