Bonds SEBI mulls setting up backstop facility for corporate bonds Updated : September 22, 2020 02:51 PM IST A backstop guarantees that a certain amount of the offering will be purchased by particular organizations if a portion of the offering goes unsold. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.