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NSE launches separate debt trading platform

The National Stock Exchange (NSE) Monday launched the country's first dedicated debt trading platform.

The separate debt trading platform will provide an opportunity to retail investors to invest in corporate bonds on a liquid and transparent exchange platform.

It will also help institutions which are holders of corporate bonds an ideal platform to buy and sell at optimum prices and help corporates to get adequate demand, when they are issuing the bonds, according to a release here.

Capital market regulator SEBI's whole-time member Rajeev Kumar Agarwal inaugurated the platform in the presence of NSE's MD and CEO Chitra Ramkrishna.

NSE had recently received approval from SEBI to set up the separate debt trading platform.

There will be two platforms in the segment, the retail platform and the institutional platform.

Speaking on the occasion, Ramkrishna said: "We have been actively engaging with many key institutions and are confident that they will be able to bring in liquidity to the platform, which will benefit the entire eco-system of issuers, institutions and retail investors."