NE NEWS SERVICE
MUMBAI, DEC 23
Steel Authority of India Ltd (SAIL), Housing Development Finance Corporation (hdfc) Ltd, JSW Steel Ltd and CEAT Ltd made applicationS to list Commercial PaperS at BSE for Issue Size of Rs. 1,800 Crore, Rs. 1,100 Crore, Rs. 335 Crore and Rs. 50 Crore, respectively. Post process, the effective date of listing for the same at BSE is December 24, 2019.
Till date 19 Issuers have done 43 issuances of Commercial Paper and have successfully listed CPs of Rs. 22,170 Crores on BSE. The weighted average yield of these issuances is 5.40 % with an average tenor of 106 days.
In F.Y. 2019-20, BSE’s Debt Platforms have enabled corporate India to list debt instruments worth Rs. 3,33,065.44 crore ($ 46.09 billion) as on (December 23, 2019). Of this, BSE has successfully raised Rs. 2,16,353 crore ($ 30.42 billion) with market share of around 60% via BSE BOND platform (as on December 23, 2019). This platform was launched in July 2016 and garnered fund raising of Rs. 9,22,835 crore ($ 129.74 billion) since inception.
