Markets regulator SEBI has launched a centralised database portal for corporate bonds in a bid to create a single, authentic source of information on such securities.
The portal, Bond Central, has been developed by the Online Bond Platform Providers Association (OBPP Association) in collaboration with Market Infrastructure Institutions (MIIs), which include stock exchanges and depositories.
“The Bond Central aims to create a single, authentic source of information on corporate bonds issued in India and is intended as an information repository for the public at large and is accessible free of cost,” SEBI said in a statement.
This database is expected to enhance transparency and facilitate informed decision-making among investors and other market participants. It will be operated by the OBPP Association, a not-for-profit entity supported by MIIs.
Listing out the portal’s key features, SEBI said it is a unified view of corporate bonds across exchanges and issuers ensuring transparency and comparison.
Additionally, investors can compare corporate bond prices with Government Securities (G-Secs) and other fixed-income indices to make better decisions.
The portal allows investors to access detailed risk assessments, corporate bond documents, and disclosures, enabling them to evaluate opportunities effectively.
The platform standardises corporate bond-related data, reducing information asymmetry and improving market trust.
SEBI said the first phase of Bond Central went live on Thursday, and based on stakeholder feedback, additional features will be added on an ongoing basis.