BSE BOND achieves milestone of raising more than 2 lakh crore

BSE had earlier launched the platform for Electronic Book Mechanism, ‘BSE BOND’ for issuance of debt securities on a private placement basis.

The Exchange’s platform for bond issuance crossed the Rs 2 lakh crore mark of fund raising through debt securities by corporates in India. In current financial year, till date, 68 issuers have resorted to 383 issues of bonds, and have successfully raised Rs 200111 crore using the BSE Debt platform, according to a media release issued by the bourse on Thursday.

On March 22, 2017, HDFC and IREDA successfully raised Rs 1498 crore and Rs 200 crore respectively by issuing bonds on a private placement basis using the BSE BOND platform.

BSE has witnessed similar heavy response from the corporates in the process of raising Rs 1 lakh crore from masala bonds in last 1-2 years. Investors have evolved and are now more receptive and open to diversification into new asset classes.

Most of the prominent industry players are using BSE's debt platform. They also look forward to continue using the platform for future transactions. The BSE BOND platform makes a great value pack for an issuer looking to raise funds through the private placement route as the platform is robust in functioning and provides great ease of use.