State-owned power financier REC Ltd. is seeking investor bids for as much as 5 billion rupees ($53 million) of tokenized bonds, according to people familiar with the matter, in what would be India’s first such issuance and could help boost liquidity in the debt market.
State-owned power financier REC Ltd. is seeking investor bids for as much as 5 billion rupees ($53 million) of tokenized bonds, according to people familiar with the matter, in what would be India’s first such issuance and could help boost liquidity in the debt market.
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