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BSE to Auction Investment Limits for Rs. 10,500 cr. Corporate Bonds
October 24, 2017
The Bombay Stock Exchange (BSE) is going to auction investment limits this Tuesday, thus allowing the foreign investors to buy corporate bond securities worth over Rs. 10,500 crores.
BSE will conduct the auction for two hours between 3:30 pm to 5:30 on the e-bidXchange platform. The debt auction quota allows the overseas investors the option to invest in the debt up to the limit purchased.
To ensure the system’s working and level of performance, however, BSE will also conduct a mock session during 11:30 am and 1:00 pm today.