Millennium Post

Jan Corp bonds trading hits 20-month-high of Rs 1.19 tn

Trading in corporate bonds in the nation's capital markets hit a 20-month high of about Rs 1.19 lakh crore in January 2015, latest data shows.

The January figures are the highest since May, 2013 when dealings worth Rs 1.21 lakh crore were reported in corporate bonds on the stock exchanges.

According to data by Securities and Exchange Board of India (Sebi), corporate bond trading in the month of January this year stood at 1.19 lakh crore. This is 15.3 per cent higher than Rs 1.03 lakh crore reported in December 2014.

With the latest monthly figures, the cumulative value of dealings in corporate bonds stand at Rs 9.27 lakh crore, for April-January period of fiscal 2014-15.

Corporate bonds or debt securities are issued by private and public firms to raise money for a various purposes like building a new plant, purchasing equipment or business growth.
PTI

PTI

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