Comments
BSE-owned India International Exchange Wednesday said it has launched an exclusive platform for trading in green bonds.
The platform -- GSM (Global Securities Market) Green -- has gone live Wednesday, India International Exchange (India INX) said in a statement.
“On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green listing and trading platform simultaneous with issuance and listing of USD 500 million green bonds of three subsidiaries of Adani Green Energy Limited,” it said.
Parampujya Solar Energy Pvt Ltd, Prayatna Developers Pvt Ltd and Adani Green Energy (UP) Ltd are the three subsidiaries of Adani Green Energy Ltd whose bonds were listed on the platform.
”... with a dedicated green platform, issuers, investors and traders will find it more convenient to list and trade green, social and sustainable bonds,” India INX MD and CEO V Balasubramaniam said.
This is the first issuance by a private non-banking company on GSM, the exchange’s debt listing platform, the statement said.
India INX’s GSM is India’s first debt listing platform that allows raising funds in any currency of choice by both foreign and Indian issuers from investors across the globe.
India INX, a wholly-owned subsidiary of BSE, is India’s first International Exchange set up at Gujarat International Finance Tech-City (GIFT City).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.