BSE’s bond platform crosses Rs 1 lakh crore in fund raising

MUMBAI: BSE, the oldest exchange in Asia, on Monday said that the

bourse

has crossed the Rs 1 lakh crore mark in its bond issuance platform that helps corporates raise money by issuing debt to investors. The BSE reached this milestone within five months of launch of this electronic platform, christened BSE Bond.

On Monday,

IRFC

and

NTPC

successfully raised Rs 2,000 crore and Rs 700 crore, respectively by issuing bonds on private placement basis on the BSE Bond platform, a release from the bourse said.

BSE platform for

bond issuances

has been a preferred choice for companies to raise debt capital in India, the release said. Since launch, 45 issuers have completed 200 bond issues and have successfully raised Rs 1,00,308 crore using BSE’s debt platform, it said.

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