Companies raise Rs 1.55 trn via BSE bond platform in FY21 so far

Indian companies have raised over Rs 1.55 trillion through debt instruments by using BSE Bond platform during the current financial year, the exchange said on Friday.

During 2019-20, the platform was used by 116 issuers for garnering over Rs 4.33 trillion from commercial papers, and by 121 issuers for raising Rs 3.36 trillion via bonds.

BSE Bond platform allows corporates to remotely set up their issues and open for subscription seamlessly.

The investors can bid online and the settlement takes place in an automated way through Indian Clearing Corporation (ICCL).

So far in the current fiscal, BSE's debt platforms have enabled corporate