Read more about Indian rupee, bonds weaken tracking US treasuries; more falls likely on Business Standard. India s central bank governor told investors on Wednesday to trust the bank to manage the government s massive borrowing programme
Read more about Unified bond markets to allow us of common infra: Sebi chairman on Business Standard. Unification of government bond and corporate bond markets will enable the trading of such securities on the same platform, said Sebi chairman Ajay Tyagi
The demand for corporate bonds, however, is likely to be Rs 60-65 lakh crore by March 2025. Over the next five fiscals, corporate bond issuances outstanding could more than double from around Rs 33 lakh crore or 16 per cent of gross domestic product (GDP) at the end of fiscal 2020 to Rs 65-70 lakh crore tantamount to 22-24 per cent of GDP by the end of fiscal 2025, the agency s Managing Director Gurpreet Chhatwal said during a webinar. The financial sector will contribute around 50 per cent of the incremental supply, followed by innovation (close to 25 per cent) and infrastructure (about 20 per cent), the agency said.
India International Exchange (INX) is targeting to list over USD 1 trillion of debt on its platform in the next decade, chief executive of its parent BSE said on Thursday.
BSE CEO Ashishkumar Chauhan said the exchange which is located at India s only International Financial Services Centre (IFSC) at Gandhinagar s GIFT City is becoming the preferred platform for listing of bonds issued by Indian corporates. I am sure over the next decade or so, we will be hopefully listing over USD 1 trillion of debt and probably even more of equity, REITs (Real Estate Investment Trust), Invits (Infrastructure Investment Trust) and many other instruments, Chauhan said.