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Business News

Jul 12, 2018
5:44AM

SEBI to soon come out with consultation paper on developing robust secondary market for debt segment

Securities and Exchange Board of India (SEBI) will soon come out with a consultation paper on developing a robust secondary market for the debt segment. 
SEBI Chairman Ajay Tyagi told media persons in Mumbai that there is a huge growth potential for the bond market. He added that many corporates have been forced to raise funds from bond markets due to the stress in the banking sector and are likely to use this fund raising method in the future too, given the huge need for infrastructure development. 

SEBI Chairman said that the regulator is holding consultations with the government and Reserve Bank to develop a secondary market for corporate bonds, so that liquidity improves.

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