Media release
Bse today successfully launches platform for electronic book mechanism for bse bond
Mumbai, July 1, 2016: BSE, Asia’s first stock exchange and now world’s fastest exchange with the speed of 6 microseconds, has successfully launched today the platform for Electronic Book Mechanism, BSE BOND for issuance of debt securities on private placement basis.
The first placement of bond through BSE BOND was raised by HDB Financial Services Limited with an issue size of Rs 100 crores, which was fully subscribed.HDFC Bank acted as an arranger to the issue.
Pursuant to requirement under SEBI circular CIR/IMD/DF1/48/2016 dated 21stApril 2016, Mahindra and Mahindra Financial Services Limited has reported the first placement for issue size of less than Rs 500 crores on Bseindia website.
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