India INX commemorates Azadi ka Amrit Mahotsav with the listing of its 75th foreign currency bond on global securities market.
India International Exchange (India INX), BSE’s international arm, commemorated the 75th year of Azadi ka Amrit Mahotsav, with the listing of its 75th foreign currency bond cumulatively taking the listing value to a near $50 billion mark on global securities market.
The listing ceremony took place in the august presence of Honourable Prime Minister Shri. Narendra Modi and Honourable Finance Minister Smt. Nirmala Sitharaman. Altogether, there were four foreign currency bonds listed by the two companies – Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) – on the global securities market.
Mr. V. Balasubramaniam, MD and CEO, India INX said, “We are immensely glad to be commemorating India’s 75th year of independence, Azadi Ka Amrit Mahotsav through this listing programme. We thank both PFC and REC for reposing trust on our exchange and also look forward to more such listing programmes on our exchange, which reaffirms our belief that India INX and the GIFT City have become a promising International Financial Services Centre venue and destination. With this, the Exchange is nearing a milestone of listing nearly USD 50 billion foreign currency bonds and has MTN programmes of almost USD 70 billion already established on the platform.”