Markets · 1 sources covering this

REC set to debut tokenised corporate bond sale next week: Bankers

India will launch tokenized corporate bonds next week using blockchain technology. State-run REC aims to raise five billion rupees through these innovative debt instruments. This marks India's first debt issue with instant settlement capabilities on a blockchain. The Reserve Bank of India's digital currency will facilitate these bond transactions. Only investors with active digital wallets can participate in this upcoming sale.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
REC set to debut tokenised corporate bond sale next week: Bankers
India will launch tokenized corporate bonds next week using blockchain technology. State-run REC aims to raise five billion rupees through these innovative debt instruments. This marks India's first debt issue with instant settlement capabilities on a blockchain. The Reserve Bank of India's digital currency will facilitate these bond transactions. Only investors with active digital wallets can participate in this upcoming sale.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/d5974d7e6891d2c39a7e37ae4e3ef1510e936204"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="REC set to debut tokenised corporate bond sale next week: Bankers"></iframe>

REC set to debut tokenised corporate bond sale next week: Bankers

How 1 sources are covering this

REC set to debut tokenised corporate bond sale next week: Bankers

More from Markets

BSE share price jumps jumps 4% | extends rally for second day in a row; here's why

IEX shares rise 2% after electricity trading volume jumps 20% YoY to hit record high in August

US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capital

Ceigall India shares gain 4% after securing LoI for Rs 5,300 crore power transmission project

Reader

Trust & legal

Across the network