New Delhi, Aug. 1 -- The Indian corporate bond market has been in an upward trajectory, recording a healthy 13.42% year-on-year (YoY) growth in FY24-25. As per SEBI data, the market stood at Rs.47.29 lakh crore ($ 567 billion) at the end of FY23-24, as against Rs.53.63 lakh crore as of FY24-25, reflecting deepening participation amid evolving macroeconomic conditions.

Like bonds issued by the government, corporate bonds are debt securities issued by a company or a corporation to raise funds from the market to meet various needs. Since these bonds are riskier than government bonds, they carry a higher return.

A breakdown of the corporate bond market shows significant participation from the private sector players. According to data shared...