Hi Quicko team,
Ref this article:
Wint wealth is offering a securitised debt investment product through an instrument called covered bonds.
They are linking these to market linked debentures (MLDs) for taxation purposes. They claim the taxation treatment is better for MLDs held for > 1 year (10%) vs. covered bonds, which are taxed at slab rates.
In your opinion, is it possible to link a debt offering which has nothing to do with the state of the markets to a MLD, just to save on tax? This seemed quite weird to me.