The India International Exchange Limited (INX) on February 28, 2025, issued a circular regarding the revision in Listing Fees for Debt Securities on the Global Securities Market (GSM).
The following has been stated: -
•India INX's Global Securities Market (GSM) offers a competitive and transparent platform for debt listings, with 150 debt listings and over USD 82 billion in MTN programs.
•The revised fee structure includes waivers for supplementary, program update, and pricing supplement processing, as well as listing fees for standalone and program listings.
•The application processing fee for both standalone and program listings is set at USD 1,750. The fees are exclusive of GST and regulatory charges from the IFSCA.
•The platform operates on a one-time fee structure with no recurring annual charges.
The detailed circular is given in the document below.
[Circular No. 20250228]
