Tag: bond market
Sebi plans to introduce ‘fast track’ concept for public issuance of debt securities
[ad_1] To deepen the bond market, the Securities and Exchange Board of India (Sebi) is looking to introduce the concept of ‘fast track’ public issuance for debt securities and further reduce the face value of debt securities, including non-convertible debentures, issued on a private placement basis to ₹10,000 from ₹1 lakh at present. If implemented, the move would also promote ease of doing business. “The main intention of a fast track public issuance of debt securities is to facilitate frequent issuers with a consistent track record, to make public issues of debt securities with reduced time, cost and effort,” Sebi ... Read more