New Delhi, Oct. 24 -- Numbers don't lie - they reveal revolutions.

The corporate bond market in India has been growing in stealth mode over the past few years and stood at Rs.53,63,554.56 cr ($626.72 Billion) as of 31st Mar-2025. But this year, we are seeing a potential explosion in growth.

The table above depicts trading volume and the number of trades in the Indian Corporate Bond Market (Secondary Market).

Volumes stayed almost flat in FY18-FY24 but rose strongly in FY25 to Rs.17.10 lakh crore (+24.5% YoY). For the 1HFY25-26 six-month period, this number has already reached ~ Rs.11.89 lakh crore and on an annualised basis is tracking ~ Rs.23.77 lakh crore in FY26 (projected +39% YoY), as per Sebi data.

The number of trades slipped f...