Exclusive-India plans first tokenised bond issue in September, sources say

India's first tokenised bonds to launch in September

India is preparing to roll out its first tokenised corporate bond issue through REC in September. The pilot links blockchain-based securities settlement with CBDC payments and a new securities wallet framework.

India plans first tokenised bond issue in September: Report

India is set to roll out tokenised corporate bonds next month, utilizing blockchain technology to facilitate immediate transaction settlements. The state-owned REC will be at the forefront of issuing these innovative bonds, which will require investors to possess both digital currency and securities wallets. This initial phase is designed for a limited number of selected investors, showcasing the potential of modern financial practices.

Exclusive-India plans first tokenised bond issue in September, sources say

MUMBAI, Aug 24 : India will launch tokenised corporate bonds next month, as it tests the use of blockchain technology to enable instant settlement of bond transactions, three sources with direct knowledge of the matter said on Monday. The notes, to be issued for the first time by state-owned power financier R

India to Launch First Tokenized Corporate Bond in September

India is preparing to launch its first tokenized corporate bond issue in September, marking a significant step in the country’s efforts to apply blockchain technology to securities markets, according to reports. State-owned power financier REC is expected to lead the pilot, potentially placing India among a growing group of financial markets experimenting with distributed ledger technology for bond issuance and settlement. REC is expected to iss…

India Plans First Tokenised Bond Issue In Sept; REC To Pilot Blockchain-Based Securities

REC is expected to issue less than Rs 500 crore worth of tokenised bonds in the offering.

India plans issuing its first ever tokenised bonds as early as September this year: Report

In what would be a first for the country — and will also put it at par with Europe & HongKong — India is planning issuing its first set of ‘tokenised’ bonds, this September. According to a report from Reuters, while the offering is relatively smaller in size, it will enable India to have a regulatory framework for issuing bonds via blockchain distribution. The bond notes are to be issued by by state-owned power financier REC (Rural Electrificati…