Centralized Database for Corporate Bonds/Debentures

Press Release
Securities and Exchange Board of India
Oct 22, 2013
PR No.: 103/2013

"High Level Expert Committee on Corporate Bonds and Securitization" ("Dr. R.H. Patil Committee") had recommended creation of "Centralized Database of information regarding Bonds". While the information in respect of various bonds/debentures issued by issuers is available in a fragmented manner, it is felt that there is a need for having a comprehensive database on corporate bonds at a single place.

Considering the above, SEBI has issued  a circular on "Centralized Database for Corporate Bonds/Debentures" on October 22, 2013. SEBI has mandated  both the depositories viz. NSDL and CDSL  to  jointly create, host, maintain and disseminate the centralized database of corporate bonds/debentures.  The depositories shall obtain  requisite information regarding the bonds/debentures from Issuers, Stock Exchanges, Credit Rating Agencies and Debenture Trustees. The Database can be accessed by the public or any other users  without  paying any kind fees or charges.

The full text of the Circular is available on the website: www.sebi.gov.in