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Business News » Companies News

Debt fundraising crosses Rs 77,000 crore on BSE

The stock exchange said, "BSE platforms for bond issuances have been a preferred choice for companies to raise Debt Capital in India."

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Debt fundraising crosses Rs 77,000 crore on BSE
In this fiscal year (FY17), a total of Rs 77,955 crore have been raised from 35 issuers using BSE Debt platforms. Photo: Zeebiz WebDesk

Companies have garnered Rs 77,955 crore crore from debt instrument via private placement on BSE platforms. 

The stock exchange said, "BSE platforms for bond issuances have been a preferred choice for companies to raise Debt Capital in India."

In this fiscal year (FY17), a total of Rs 77,955 crore have been raised from 35 issuers using BSE Debt platforms. 

On 1st July 2016, BSE had launched the platform for Electronic Book Mechanism “BSE BOND” for issuance of debt securities on private placement basis.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Bombay Stock Exchange (BSE)corporate debtprivate placementsMarketsInvestmentBondsElectronic Book MechanismBSE Bonds
Written By: ZeeBiz WebTeam
Updated: Tue, Oct 18, 2016
01:35 pm
Mumbai, ZeeBiz WebDesk
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