SEBI is reviewing whether listed debt securities should be subject to
disclosure requirements on par with those for listed equities,
its chief said at an event on Tuesday, as it also moves ahead
with plans to pilot tokenisation of corporate bonds to modernise
the market.
Securities and Exchange Board of India (SEBI) is reviewing
whether listed debt should have disclosure norms similar to
listed equity to enhance transparency and investor protection in
debt markets, chairman Tuhin Kanta Pandey said
The move comes as policymakers look to deepen India’s
corporate bond market, which remains relatively underdeveloped
compared with equity markets
Regulator is also exploring a pilot for tokenisation of
corporate bonds with rollout expected in six to nine months,
according to Pandey
Use of digital ledger technology expected to enable
near-instant settlements in corporate bond market
Tokenisation means converting securities like bonds into
digital tokens on a shared ledger, enabling faster, cheaper and
more transparent trading