Securities and Exchange Board of India (SEBI) backs Bond ETFs and Tokenisation as Debt Fundraising nears ₹9 Lakh Crore

Key facts

• Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey stated that debt market fundraising has reached nearly ₹9 lakh crore in FY26.
• The debt market fundraising volume in FY26 is recorded as almost double the amount raised in the equity market.
• SEBI reported that nearly ₹7 lakh crore flowed into the capital markets of India during the financial year 2024-25 (FY25).
• The regulator is developing Bond Exchange-Traded Funds (ETFs) and exploring pilot projects for the tokenisation of corporate bonds using blockchain-linked infrastructure.
• SEBI is reviewing disclosure standards for listed debt securities to determine if they require requirements similar to those applicable to listed equities.