Markets regulator SEBI has launched a centralised database portal for company bonds in a bid to create a single, genuine supply of knowledge on such securities.
The portal, Bond Central, has been developed by the On-line Bond Platform Suppliers Affiliation (OBPP Affiliation) in collaboration with Market Infrastructure Establishments (MIIs), which embrace inventory exchanges and depositories.
“The Bond Central goals to create a single, genuine supply of knowledge on company bonds issued in India and is meant as an info repository for the general public at massive and is accessible freed from value,” SEBI stated in a press release.
This database is predicted to reinforce transparency and facilitate knowledgeable decision-making amongst buyers and different market individuals. It will likely be operated by the OBPP Affiliation, a not-for-profit entity supported by MIIs.
Itemizing out the portal’s key options, SEBI stated it’s a unified view of company bonds throughout exchanges and issuers guaranteeing transparency and comparability.
Moreover, buyers can evaluate company bond costs with Authorities Securities (G-Secs) and different fixed-income indices to make higher choices.
The portal permits buyers to entry detailed threat assessments, company bond paperwork, and disclosures, enabling them to judge alternatives successfully.
The platform standardises company bond-related knowledge, lowering info asymmetry and enhancing market belief.
SEBI stated the primary part of Bond Central went dwell on Thursday, and primarily based on stakeholder suggestions, further options will probably be added on an ongoing foundation.
