Bond Central

Bond Central Latest News

Markets regulator Sebi recently launched a centralized database portal for corporate bonds, Bond Central.

About Bond Central

• It is a centralized database portal for corporate bonds in India.
• It was launched by the Securities and Exchange Board of India (SEBI) in a bid to create a single, authentic source of information on such securities.
• It has been developed by the Online Bond Platform Providers Association (OBPP Association) in collaboration with Market Infrastructure Institutions (MIIs) comprising stock exchanges and depositories.
• It is intended as an information repository for the public at large and is accessible free of cost.
• This database is expected to enhance transparency and facilitate informed decision-making amongst investors and other market participants .
• It will be operated by the OBPP Association, which is a not-for-profit entity with support from MIIs.

Bond Central Features

• Listings: A unified view of corporate bonds across exchanges and issuers, ensuring transparency and comparison.
• Price Comparison: Investors can compare corporate bond priceswith Government Securities (G-Secs) and other fixed-income indices for better decision-making.
• Investor-Centric Information: Access to detailed risk assessments, corporate bond documents, and disclosures, enabling investors to evaluate opportunities effectively.
• Enhanced Transparency: The platform standardizes corporate bond-related data, reducing information asymmetry and thereby improving trust in the market.

Bond Central FAQs

Q1. What is bond market?

Ans. A bond market is a marketplace for debt securities. 

Q2. What is the difference between stocks and bonds?

Ans. Stocks give you ownership in a company, while bonds let you loan money to a company or government.

Q3. What is a zero coupon bond?

Ans. A zero-coupon bond is an investment in debt that does not pay interest but instead trades at a deep discount.

Source: BS