https://www.taxtmi.com/circulars?id=61304 SEBI prescribes fallback valuation for non-traded securities: most recent trade within thirty days for non-debt and within fifteen days for debt (private placements eligible for fifteen days at purchase price). A debt security is thinly traded if no marketable-lot trades occur on the valuation date. Government securities yields are grouped by duration to form a volume-weighted risk-free benchmark set at least weekly and reset on significant market moves. Specified discretionary and mandatory discounts over the benchmark apply by rating and duration. The benchmark and government security prices from an AMFI suggested agency must be used for same day valuation. en-us Wed, 20 Feb 2002 00:00:00 +0530 Mon, 03 Jun 2019 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61304 SEBI prescribes fallback valuation for non-traded securities: most recent trade within thirty days for non-debt and within fifteen days for debt (private placements eligible for fifteen days at purchase price). A debt security is thinly traded if no marketable-lot trades occur on the valuation date. Government securities yields are grouped by duration to form a volume-weighted risk-free benchmark set at least weekly and reset on significant market moves. Specified discretionary and mandatory discounts over the benchmark apply by rating and duration. The benchmark and government security prices from an AMFI suggested agency must be used for same day valuation. Circulars SEBI Wed, 20 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61304