Lumic
NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%

Indices

SEBI Launches Demat 2.0 Pilot for Tokenised Corporate Bonds in India

8 days ago · Lumic

SEBI logo with text 'Demat 2.0' and 'Tokenised Corporate Bonds' indicating a new financial initiative.
Lumic
8 days ago
SEBI Launches Demat 2.0 Pilot for Tokenised Corporate Bonds in India
KEY POINTS
SEBI's Demat 2.0 pilot tokenises corporate bonds using distributed-ledger technology
Three companies have raised ₹1,025 crore through tokenised bonds under the pilot
The system enables near-instant settlement and can automate coupons and redemptions
LUMIC INSIGHT
Tokenisation can make India's bond market deeper and broader
Newsbyte·8 days ago

This 'Insights' piece delves into the Securities and Exchange Board of India's (SEBI) pioneering Demat 2.0 pilot initiative, aimed at tokenising corporate bonds. This move leverages distributed-ledger technology to bring digital bonds to India's bond market. The pilot has already seen three companies successfully raise ₹1,025 crore through these tokenised securities. This innovation promises near-instant settlement and automated processes for coupons and redemptions, potentially making India's corporate bond landscape deeper and broader. Discussing 'SEBI Demat 2.0', 'tokenised corporate bonds', and 'digital bonds India', this story touches upon the future of the bond market in India, aligning with broader digital transformation trends and the exploration of technologies like blockchain in financial services, and how it might interact with concepts like the wholesale digital rupee (RBI CBDC). The integration with NSDL Demat 2.0 further signals a significant step towards modernizing debt capital markets.

More in Indices