News From Press Sebi mandates MFs to use RFQ platform for 10% of secondary transactions

Sebi mandates MFs to use RFQ platform for 10% of secondary transactions

This is aimed at boosting the liquidity on the exchanges for secondary market bond transactions

Mint Jul 23, 2020

Mumbai: The Securities and Exchange Board of India (Sebi) on Wednesday said mutual funds will undertake at least 10% of their secondary markets trade in corporate bonds through the Request for Quote (RFQ) platform of stock exchanges from October 1.

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