The Securites and Alternate Board of India (SEBI) has introduced simplified operational processes for money stream disclosure within the company bond database, PTI reported on Could 18.
This was introduced in SEBI’s newest round, and comes after the capital markets watchdog reviewed a Request for Quote (RFQ) Platform framework.
Geared toward streamlining and simplifying the method of commerce execution on the RFQ platform, yield-to-price will now be based mostly on scheduled due dates, with out making use of any changes based mostly on day depend conventions.
SEBI’s rules replace efficient from August 18
SEBI’s new rules will likely be relevant to to current ISINs for his or her remaining maturity, and to all new debt safety points beginning August 18, 2025.
RFQ, which was launched on BSE and NSE in February 2020, is an digital platform that allows multi-lateral negotiations to happen on a centralised on-line buying and selling platform with straight-through processing of clearing and settlement to finish the commerce.
All kinds of debt securities can be found for buying and selling on the RFQ platform.
