Oct 19, 2023

FPIs Mandated to Trade in Corporate Bonds Through Request for Quote Platforms of Stock Exchanges

SEBI, by way of a Circular dated August 07, 2023, has directed the FPIs to undertake at least 10% of their total secondary market trades in corporate bonds by value by placing or seeking quotes through the Request for Quote (‘RFQ’) portal of the stock exchange, on a quarterly basis.

The above requirement has been introduced to boost liquidity on RFQ platform of the stock exchanges (‘SEs’) and will come into effect from October 01, 2023.




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