REC’s ₹500 crore tokenized bond draws nearly eight times oversubscription from top banks
REC Ltd issued India’s first pilot tokenized corporate bond under SEBI’s sandbox, raising ₹500 crore with an 8x oversubscription and settling the issue on the same day with listings on NSE and BSE, using RBI’s wholesale CBDC for settlement. The deal, aided by HDFC and ICICI among about 20 institutional buyers, leverages Demat 2.0 and a permissioned distributed ledger to boost settlement speed and transparency, signaling potential deepening of India’s debt markets.
Finance · 14 sources · Sep 7, 2026Read it
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About Securities and Exchange Board of India
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12-April-1988 as an executive body and was given statutory powers on 30-January-1992 through the SEBI Act, 1992.
Everything about Securities and Exchange Board of India →- Country
- India
- Headquarters
- Mumbai
- Inception
- 1992
- Website
- http://www.sebi.gov.in/