NSE enables India’s first tokenised corporate bond issuances
The National Stock Exchange of India (NSE) facilitated India's first tokenised corporate bond issuances, raising ₹1,000 crore from REC Limited and Larsen & Toubro. REC's bond, issued on September 7, was 7.9 times oversubscribed at a 7.30% coupon rate. This innovation aims to enhance operational efficiency and transparency in the corporate bond market, with broader adoption expected.