bonds trading platform in india?

Question

i wish to know the source at which i can buy and sell different kinds of bonds, the source from where i can get its price charts, volume, yield curve etc.

Answer 1

Corporate bond reporting platform from 1st January 2007


Securities and Exchange Board of India (SEBI) has decided that Bombay Stock Exchange Limited would set up and maintain a corporate bond reporting platform to capture all information related to trading in corporate bonds as accurately and as close to execution as possible with effect from January 1, 2007.

1. The term ‘Corporate Bonds’ for this purpose shall include all listed debt securities issued by institutions such as Banks, Public Sector Undertakings, Municipal Corporations, bodies corporate and companies.

2. All issuers, intermediaries and contracting parties shall be granted access to the corporate bond reporting platform for reporting of trades. Where transactions are executed through the intermediary, reporting responsibility shall lie with the intermediary. If executed otherwise, reporting will be made either through an authorized intermediary or directly by the contracting parties.

3. All transactions in corporate bonds of the value of Rs.1,00,000 or above are required to be reported to the corporate bond platform. The transactions shall be reported within 30 minutes of closing the deal. The information on settlement shall be reported by the parties involved in the transaction within 1 trading day from completion of the settlement.

4. The Bombay Stock Exchange Limited (BSE) shall ensure that the Corporate Bond Reporting platform for the purpose shall be available from 10.00 am to 5.30 pm on all trading days.

5. The access to the platform for the purpose of reporting will be given to all market intermediaries who approach BSE for the purpose. The connectivity to the non-members of the Exchange would be enabled through Virtual Private Network (VPN).

6. The BSE shall populate the data reported on their platform on their website on a real time basis for information of investors/public.

7. Since the platform is purely for reporting purposes, the stock exchange shall have no role or liability for settlement of these trades. The intermediaries/ contracting parties shall settle the trades bilaterally.

8. Issuers are required to disclose/ update regularly all material information such as rating obtained on the instruments and the rating migrations as and when they take place, record date, reasons for record date, put/call option dates, units exercised under put/call option etc, failing which action may be initiated against the issuer and/or its directors/promoters.

Applicability

1. The reporting shall be made for all trades in listed debt securities issued by all institutions such as Banks, Public Sector Undertakings, Municipal Corporations, bodies corporate and companies.

2. The reporting of trades in Corporate Bonds shall be made by all person(s) dealing in such corporate bonds irrespective of whether they are SEBI registered intermediaries or otherwise.



http://www.banknetindia.com/stock/basicsm.htm

Answer 2

The debt marketplace is the marketplace for paying for and advertising debt securities. The debt marketplace for this reason involves company bonds, government bonds, municipal bonds, negotiable certificates of deposit, and assorted money marketplace investments. The debt marketplace additionally incorporates guy or woman loans bought from lenders and frequently packaged jointly in super quantities. The debt marketplace incorporates the commonplace marketplace, the place bills are first bought to the regular public; and the secondary marketplace, the place investors sell bills to one yet another later on. on the secondary debt marketplace, bills could be bought on exchanges or on the over the counter marketplace, yet maximum are traded over the counter. Many bills are additionally packaged jointly into mutual money. There are guides that submit the on a regular basis costs of bonds on the debt marketplace.