Corporate bonds dealings in the country's capital markets dropped by 27 per cent to Rs 68,381 crore in June over the preceding month -- the lowest recorded so far in the current fiscal.
Trading worth about Rs 93,946 crore in corporate bonds was reported by NSE, BSE and Fixed Income Money Market and Derivatives Association of India (FIMMDA) during May, the latest data released by market regulator Sebi showed. June figures were also 21.6 per cent less than Rs 87,226.5 crore recorded in the same month last year.
With this, trades in corporate bonds for the April-June quarter of the current fiscal stood at Rs 2.37 lakh crore, down nearly 26 per cent from the same period a year-ago. Trading worth Rs 3.19 lakh crore in corporate bonds was reported during first quarter of financial year 2013-14.Individually, NSE represented the largest share of trading in corporate bonds (80 per cent), during June this year.