Housing Development Finance Corporation Limited successfully raised Rs.9000 crores on BSE BOND platform
Mumbai, November 29, 2018: BSE, Asia’s oldest exchange and now world’s fastest stock exchange with the speed of 6 microseconds, on 1st July 2016 had launched the platform for Electronic Book Mechanism “BSE BOND” for issuance of debt securities on private placement basis.
On November 29, 2018, Housing Development Finance Corporation Limited successfully raised Rs. 9000 crores by issuing bonds on private placement basis using BSE BOND platform. This is by far the largest quantum raised by an Issuer in a single issue on BSE BOND platform.
BSE has been a market leader for bond issuances and also the BSE’s platforms have been a preferred choice for companies to raise Debt Capital in India. Since inception dated July 1, 2016; 131 Issuers have done 1,363 issues of bonds and have successfully raised Rs. 5,85,844 crores using BSE Debt platforms. Some of the esteemed issuers include PFC, RECL, IRFC, PGCI, NHAI, Axis Bank, PGCI, NABARD, HUDCO, Yes Bank, Reliance Industries Limited, Reliance Jio Infocomm etc.
Yatin Padia/ Rahul Vyas
022 2272 8516 / 2272 8472