Sebi sees market making, bond indices as key to deepening secondary debt market
Markets regulator Sebi Chairman Tuhin Kanta Pandey on Thursday said a market-making framework and trading of bond indices on exchanges are among the measures being considered to deepen liquidity in the secondary debt market.
Markets regulator Sebi Chairman Tuhin Kanta Pandey on Thursday said a market-making framework and trading of bond indices on exchanges are among the measures being considered to deepen liquidity in the secondary debt market.
Pandey said the corporate bond market has traditionally been characterised by investors holding securities until maturity, making it important to bring in more participants and encourage secondary-market trading.
"Actually this market is more like hold to maturity. But how do we encourage it? The first one which we have introduced was the RFQ (Request for Quote)," Pandey said here.
