SEBI Launches Bond Central for Corporate Bond Transparency

Why in the News?

The Securities and Exchange Board of India (SEBI) has introduced Bond Central, a centralized database for corporate bonds. Developed with Market Infrastructure Institutions (MIIs) and the OBPP Association, it aims to enhance transparency, accessibility, and efficiency in India’s corporate bond market.

SEBI Launches Bond Central for Corporate Bond Transparency

Overview of Bond Central:

  • The Securities and Exchange Board of India (SEBI) has introduced Bond Central, a centralized database portal for corporate bonds.
  • It aims to improve transparency, accessibility, and efficiency in the Indian bond market.
  • Developed by the Online Bond Platform Providers (OBPP) Association in collaboration with Market Infrastructure Institutions (MIIs).
  • Serves as a single, authentic source of corporate bond-related information for investors and issuers.

Significance of Bond Central

  • Enhances market efficiency by consolidating fragmented bond data into a single platform.
  • Aids institutional and retail investors in making data-driven investment decisions.
  • Strengthens corporate bond market infrastructure, aligning with global standards.
  • Supports SEBI’s regulatory objectives to deepen India’s debt market and attract higher participation.

Key Features of Bond Central:

  • Unified Listings: Provides a comprehensive database of corporate bonds across multiple stock exchanges and issuers.
  • Price Comparison: Enables investors to compare corporate bond prices with Government Securities (G-Secs) and fixed-income indices for informed decision-making.
  • Investor-Centric Insights: Offers detailed risk assessments, access to corporate bond documents, and market analytics.
  • Transparency & Accessibility: Ensures easy access to verified bond-related data, boosting confidence in the debt market.