Shriram Transport Finance’s social bonds, masala bonds, and international forex bonds have now been listed on NSE IFSC’s debt securities market (DSM) platform. NSE IFSC is a wholly-owned subsidiary of NSE.
As per the NSE assertion, the NBFC has raised capital of $ 1.70 billion social bonds, ₹8.4 billion masala bonds, and $ 750 million international forex bonds in numerous tranches underneath the $ 3.5 billion World Medium Time period Be aware Program.
NSE IFSC launched DSM platform for itemizing and buying and selling of debt securities in a number of international forex bonds, inexperienced bonds, masala bonds, notes, and so forth. on March 16, 2018.
DSM platform is concentrated on offering an environment friendly worldwide itemizing course of to issuers with minimal turnaround time and funding alternatives for buyers from the world over.
Since its launch, the DSM platform has listed a complete mixture Medium-Time period Be aware price over $ 37.3 billion, whereas bonds price greater than $ 18.67 billion (together with $ 2.3 billion inexperienced and sustainable bonds) have additionally been listed.
Supply: Live Mint