https://www.taxtmi.com/news?id=26700 A Limited Purpose Clearing Corporation, AMC Repo Clearing Limited (ARCL), has been created to provide triparty repo services and central counterparty functions for corporate bond repos to improve collateral efficiency, settlement and liquidity. Complementing ARCL, the Corporate Debt Market Development Fund (CDMDF) - an Alternative Investment Fund in trust form - will purchase investment grade corporate debt in normal and stressed conditions to enhance secondary market liquidity. The Department of Economic Affairs has instituted a Guarantee Scheme for Corporate Debt (GSCD) managed via a Guarantee Fund for Corporate Debt and guarantees from National Credit Guarantee Trustee Company Ltd., with SEBI designated to trigger activation. en-us Fri, 28 Jul 2023 17:19:40 +0530 Fri, 28 Jul 2023 17:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26700 A Limited Purpose Clearing Corporation, AMC Repo Clearing Limited (ARCL), has been created to provide triparty repo services and central counterparty functions for corporate bond repos to improve collateral efficiency, settlement and liquidity. Complementing ARCL, the Corporate Debt Market Development Fund (CDMDF) - an Alternative Investment Fund in trust form - will purchase investment grade corporate debt in normal and stressed conditions to enhance secondary market liquidity. The Department of Economic Affairs has instituted a Guarantee Scheme for Corporate Debt (GSCD) managed via a Guarantee Fund for Corporate Debt and guarantees from National Credit Guarantee Trustee Company Ltd., with SEBI designated to trigger activation. News - Fri, 28 Jul 2023 17:19:40 +0530 https://www.taxtmi.com/news?id=26700