NE NEWS SERVICE
MUMBAI, DEC 24
The S&P BSE Sensex futures and options witnessed a record turnover of Rs 2,782 crore on December 24, Tuesday. The Equity derivatives are gaining momentum after the interoperability implementation. BSE had recently launched Liquidity Enhancement Scheme in Equity Derivatives and a revised scheme is applicable from 25th Nov 2019.
An elated Sameer Patil, Chief Business Officer, BSE, said, “We are pleased to have achieved a small but significant milestone. It is the consistent support and active participation from the members, which has led to increase in turnover on BSE. I hope that members will continue to support BSE and use its superior technology to do more trading in equity derivatives on BSE going forward.”
StanChart Investments, Aditya Birla Housing, Balrampur Chini Mills, Axis Finance, KEC Intel and Siyaram Silk Mills list Commercial Papers on BSE today
Standard Chartered Investments and Loans (India) Limited, Aditya Birla Housing Finance Limited, Balrampur Chini Mills Limited, Axis Finance Limited, KEC International Limited and Siyaram Silk Mills Limited made an application to list Commercial Paper at BSE for Issue Sizes of Rs. 390 crore, Rs. 250 crore, Rs. 200 crore, Rs. 175 crore, Rs. 100 crore and Rs. 45 crore, respectively. Post process, the effective date of listing for the same at BSE is December 26, 2019.
Till date 22 Issuers have done 58 issuances of Commercial Paper and have successfully listed CPs of Rs. 23,330 crore on BSE. The weighted average yield of these issuances is 5.44 % with an average tenor of 111 days.
BSE is steering its efforts to help India Inc in raising funds. In F.Y. 2019-20, BSE’s Debt Platforms have enabled corporate India to list debt instruments worth Rs. 3,39,108.51 crore ($ 47.60 billion) as on (December 24, 2019). Of this, BSE has successfully raised Rs. 2,20,442 crore ($30.94 billion) with market share of around 60% via BSE BOND platform (as on December 24, 2019). This platform was launched in July 2016 and garnered fund raising of Rs. 9,26,925 crore ($ 130.11 billion) since inception.
