India INX hopes to list $1 trn of bonds on debt in new decade: BSE CEO #guestpost #lastminutenews #guestposting
India INX hopes to list $1 trn of bonds on debt in new decade: BSE CEO | India International Exchange (INX) is targeting to list over $1 trillion of debt on its platform in the next decade
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 Indias only International Financial Services Centre (IFSC) at Gandhinagars 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.
He was speaking at the bell ringing ceremony of Exim Banks USD 1 billion issue at the BSE here. He also added that SBIs USD 600 million bonds issued recently are also getting listed on Thursday itself.
The policy banks managing director, David Rasquinha expressed satisfaction at the response which it was able to receive from the investors for the issue which was oversubscribed 3.5 times.
The issues listed on the platform include SBIs USD 100 million green bonds, RECs USD 500 million bonds, APSEZs USD 750 million foreign currency bonds and Adani Container Terminals USD 300 million bonds, he said.
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