NSE gets approval from SEBI for debt trading segment

India Infoline News Service | Mumbai |

However, the date of commencement of live trading in the segment would be announced later

National Stock Exchange on Tuesday said that it has received approval from SEBI (Securities and Exchange Board of India) for setting up and operating debt segment.

However, the date of commencement of live trading in the segment would be announced later.

There would be separate order books for retail and institutional investors. The platform would also help in enabling all kinds of debt securities including corporate and wholesale debt under one roof.

"The base price of the publicly issued debt security on subsequent trading days shall be the daily closing price of the debt security in the debt segment," NSE said in a circular.

Usually, debt securities are debentures, bonds, deposits, notes or commercial paper.
 

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