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Piyush Goel, launches “India INX”

Jan 13th, 2018 6:50 pm | By | Category: LATEST NEWS

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THE NEWSMAN OF INDIA.COM
Mumbai:India International Exchange listed the first bond on its Global Securities Market with Minister of Railways and Coal,Piyush Goyal ringing the gong. The bonds issued by IRFC (Indian Railways Finance Corporation) are one of the highest credit rated bonds issued by an Indian corporate and has been IRFC’s first foray into the Green Bond market.

Marking the occasion,Piyush Goyal, Minister of Railways and Coal said, “India is the fastest growing economy in the world and our need to raise funds is a continuous process. To have a platform to tap global investors by issuing bonds in any currency is the first of its kind in India and India INX as India’s first international exchange at IFSC Gift city, Gandhinagar has yet again been a pioneer in this.

S. Ravi, Chairman BSE said, “At BSE, we are the market leader in debt issuances domestically with more than 90% of the issuers choosing BSE to raise debt from investors. India INX Global Securities Market is the first of its kind initiative in India and we are highly appreciative of the Regulators in providing us with a highly enabling framework that puts us at par with other global listing venues like London and Singapore.BSE as a signatory of the Climate Bond Initiative is excited to welcome its first Green bonds on our India INX International Exchange platform”.

Speaking on the development,V Balasubramanian, MD & CEO, India INX said, “Today marks a special day for us with the launch of the Global Securities Market segment in India INX by Honourable Minister of Railways and Coal Piyush Goyal.

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