India sees debut listing of residential mortgage-backed securities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 05 2025
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Source: Reuters
India's First Residential Mortgage-Backed Securities: India has launched its first residential mortgage-backed securities through a bidding process, with expectations to raise between 100 billion to 200 billion rupees ($1.2 billion to $2.4 billion) in the current financial year across multiple transactions.
Impact on Housing Finance Market: The successful issuance by LIC Housing Finance, which raised 10 billion rupees, is anticipated to encourage other housing finance companies to issue similar securities, thereby enhancing the development of the residential mortgage-backed securities market in India.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
