Bonds trading dips 32.3% in capital markets in April

Trading in corporate bonds at the country's capital markets plunged 32.3 per cent at

RELATED ARTICLES

Rs 75,040 crore in the first month of the current fiscal over the same period year-ago, latest data by market watchdog Sebi showed.

Dealings in corporate bonds worth Rs 1.1 lakh crore were reported by the -- NSE, BSE and Fixed Income Money Market and Derivatives Association of India (FIMMDA) -- for April 2013.

However, the trading in bonds for the month of April, this year, was the second highest-level recorded since 2007-08 after Rs 1.1 lakh crore in the same month, last year.

Individually, National Stock Exchange (NSE) represented the largest share of trading in corporate bonds (80.15 per cent), during April. Bonds worth nearly Rs 60,149 crore were traded on the bourse in the month.

Trades in bonds on the BSE stood at Rs 14,891 crore, while FIMMDA reported corporate bond trading to the tune of only Rs 11 lakh.

Trade reporting on FIMMDA began on September 1, 2007. The reporting platform at the association allows entities to report their deals in bonds in one platform.

Corporate bonds or debt securities are issued by private and public firms to raise money for various purposes like building a new plant, purchasing equipment or business growth.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Tighter disclosure norms will help public shareholders

    The Securities and Exchange Board of India (Sebi) has proposed changes in listing agreements between companies and stock exchanges, laying down manage

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Why UGC must focus on quality

In a vast country like India, where there are pressures ...

Rajgopal Nidamboor

The sum total of our conscious experience

All of us epitomise a multiplicity of conscious thoughts. This ...

Gautam Gupta

Don’t let success kill the essence of the concept

In 1999 when my mother started her own label, we ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture