RFQ platform participation requirement increases FPI secondary corporate bond trades via quotes, enhancing liquidity and disclosure. FPIs must execute a minimum proportion of their total secondary market corporate bond trades by value through stock exchanges' RFQ platform by placing or seeking quotes, measured quarterly, to enhance RFQ liquidity and disclosure; the requirement is effective from October 01, 2023 and issued under SEBI's statutory powers and relevant FPI regulations.
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RFQ platform participation requirement increases FPI secondary corporate bond trades via quotes, enhancing liquidity and disclosure.
FPIs must execute a minimum proportion of their total secondary market corporate bond trades by value through stock exchanges' RFQ platform by placing or seeking quotes, measured quarterly, to enhance RFQ liquidity and disclosure; the requirement is effective from October 01, 2023 and issued under SEBI's statutory powers and relevant FPI regulations.
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