BSE’s India International Exchange has welcomed YES Bank Limited, to establish a Medium Term Notes Programme on its Global Securities Market, India’s first capital raising platform for international investors in any currency,located at the Gujarat International Finance Tec City IFSC.
Global Securities Market went live on December 08, 2017 after receiving approval from Securities and Exchange Board of India and publication of debt listing framework by India INX.
India INX’s derivative segment has done a cumulative trading turnover of more than USD 10 Billion till date, with daily trading value crossing USD 300 million recently.
YES BANK’s USD 1 bn MTN Programme marks a major milestone in India’s IFSC mission at the GIFT City and is also YES BANK’s 1st MTN Programme.
Rana Kapoor, MD&CEO, YES BANK said “YES BANK is pleased to become the 1st to establish a MTN Programme on the India INX at the GIFT City IFSC and build on our success as the 1st IBU to start operations in the GIFT City.”