Emirates NBD Makes Bond Investing Accessible Through ENBD X App

Emirates NBD Makes Bond Investing Accessible Through ENBD X App

Arabian Post -Emirates NBD, a leading bank in the United Arab Emirates, is making a significant stride towards democratizing fixed-income investments. The bank announced it will offer fractional bond investments through its digital wealth platform, the ENBD X app. This move allows individual investors to participate in the bond market with a lower minimum investment compared to traditional whole bond purchases. Previously, the high minimum investment amounts associated with […]

via Emirates NBD Makes Bond Investing Accessible Through ENBD X AppArabian Post -

Emirates NBD, a leading bank in the United Arab Emirates, is making a significant stride towards democratizing fixed-income investments. The bank announced it will offer fractional bond investments through its digital wealth platform, the ENBD X app. This move allows individual investors to participate in the bond market with a lower minimum investment compared to traditional whole bond purchases.

Previously, the high minimum investment amounts associated with bonds – often reaching hundreds of thousands of dollars – acted as a barrier for many individual investors. Fractional bonds address this issue by allowing investors to purchase a portion of a whole bond. With Emirates NBD’s new offering, investors can enter the bond market with a minimum investment of $25, 000,