NE BUSINESS BUREAU
MUMBAI, JAN 9
Adani Ports and Special Economic Zone Limited; National Bank for Agriculture and Rural Development; Kotak Mahindra Investments Limited; ICICI Securities Limited; Manappuram Finance Limited; JM Financial Products Limited; GIC Housing Finance Limited; Standard Chartered Investments and Loans (India) Limited and SBI Cards and Payment Services Limited made applications to list their Commercial Papers at BSE for Issue Size of Rs. 6,750 crore, Rs. 4,000 crore, Rs. 1,507 crore, Rs. 1,175 crore, Rs. 825 crore, Rs. 487 crore, Rs. 200 crore, Rs. 105 crore and Rs. 100 crore, respectively. Post process, the effective date of listing for the same at BSE is January 10, 2020.
Till date 70 Issuers have done 558 issuances of Commercial Papers and have successfully listed CPs of Rs. 1,67,239 crore on BSE. The weighted average yield of these issuances is 6.13% with an average tenor of 150 days.
In F.Y. 2019-20, BSE’s Debt Platforms have enabled corporate India to list debt instruments worth Rs. 4,94,631 crore ($69.38 billion) as on (January 09, 2020). Of this, BSE has successfully raised Rs. 2,32,092 crore ($ 32.55 billion) with market share of around 60% via BSE BOND platform as on (January 09, 2020). This platform was launched in July 2016 and garnered fund raising of Rs. 9,38,574 crore ($131.65 billion) since inception.
