GENERAL16 Sept 2026
Tokenized bonds pass the launch test. The real challenge starts now | Stock Market News
Three companies have now issued tokenized corporate bonds under Sebi's Demat 2.0 pilot, moving bond ownership and payment onto digital records. But experts say the real test is yet to come. A working secondary market is needed before these bonds can be traded freely, and the three-month lock-in delays that. If you invest in bonds, treat this as a pilot, not a ready market.
Key Statutory Highlights
- REC raised ₹500 crore through its first tokenized corporate bond at a 7.30% coupon, maturing on 31 May 2028.
- L&T raised ₹500 crore through tokenized bonds maturing in three years at a 7.40% coupon, while IIFL Finance borrowed ₹25 crore.
- Tokenized bonds bought under the pilot cannot be sold for three months, and experts say success depends on interoperability with India's existing bond market.
Actionable Advice for Taxpayers / Founders:If you invest in bonds, don't rush into tokenized issues yet. Ask your broker or advisor whether the bond can actually be sold once the three-month lock-in ends, and keep your current bond investments unchanged for now.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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