REC Raises Rs 500 Crore via India's First Tokenised Bonds; L&T Plans Similar Issue
Rural Electrification Corporation (REC) raised Rs 500 crore through India's first tokenised bond issuance, using blockchain technology to enhance bond market efficiency. The bonds carry a 7.30% coupon and mature in about 20 months. This pilot, supported by SEBI and RBI, aims to improve liquidity and reduce transaction costs. Following REC's success, Larsen & Toubro plans a similar tokenised bond issue of up to Rs 500 crore with a three-year maturity, signaling growing interest in blockchain-based debt instruments among institutional investors.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (55/100). Lens Score 42/100.
Outlets measured: thefinancialexpress, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 7 Sept, 09:50 am. Other outlets followed.