The India International Exchange (India INX) has listed the Indian Railway Finance Corporation’s (IRFC’s) green bonds on its debt listing platform-Global Securities Market (GSM).
With this, IRFC green bonds became first debt security to be listed on exchange at International Financial Services Centre (IFSC) in Gujarat’s GIFT city.
India INX’s GSM segment is India’s first debt listing platform. It allows raising funds in any currency of choice by both foreign and Indian issuers from investors across the globe.
Indian Railway Finance Corporation
IRFC is finance arm of Indian Railway. It raises financial resources for expansion and running through capital markets and other borrowings.
It raises money mainly through financial bonds and from banks and financial institutions. I
India International Exchange (India INX)
India-INX is India s first international exchange at IFSC Gujarat International Financial Tech (GIFT) City, Gandhinagar.
It is wholly-owned subsidiary of Bombay Stock Exchange (BSE), through its global bourse. I