{
  "id": 3011261,
  "title": "India plans first tokenised bond issue in September, sources say",
  "url": "https://urgent.news/2026/08/24/india-plans-first-tokenised-bond-issue-in-september-sources-say",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T11:34:14.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40436307/india-plans-first-tokenised-bond-issue-in-september-sources-say"
  },
  "original_language": "en",
  "account": "India is set to launch its first tokenized corporate bond issue in September, according to sources familiar with the matter. The bonds, to be issued by state-owned power financier REC, will mark India's entry into using blockchain technology for bond issuance and settlement, joining markets like Europe and Hong Kong. The tokenized bonds, worth less than 5 billion rupees ($57 million), will be settled using India's central bank digital currency, which investors will access via two digital accounts: a wholesale digital currency wallet from a bank and a new electronic securities wallet, DEMAT 2.0. The offering is expected to be revealed at a financial technology event in Mumbai, and will initially be available only to a select group of investors. Indian depositories are developing the e-wallet, which will record bond holdings on a distributed ledger, with subsequent trades only possible between participants holding compatible wallets. The securities will not be traded on the conventional electronic book provider platform.",
  "summary": "MUMBAI: India will launch tokenized corporate bonds next month, as it tests the use of blockchain technology to enable instant settlement of bond transactions, three sources with direct knowledge of the matter said on Monday. The notes, to be issued for the first time by state-owned power financier REC, would place India alongside markets such as Europe and Hong Kong in using the technology for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Exclusive-India plans first tokenised bond issue in September, sources say",
        "url": "https://urgent.news/2026/08/24/exclusive-india-plans-first-tokenised-bond-issue-in-september-sources",
        "published": "2026-08-24T10:24:45.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Exclusive-India plans first tokenised bond issue in September, sources say",
        "url": "https://urgent.news/2026/08/24/exclusive-india-plans-first-tokenised-bond-issue-in-september-sources-3001175",
        "published": "2026-08-24T10:24:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}