OTC trades in securitised debt to be reported to FIMMDA

India Infoline News Service | Mumbai |

All entities regulated by RBI should report their secondary market OTC trades in securitised debt instruments on FIMMDA’s reporting platform

As a measure to develop the securitised debt market and improve transparency, the reporting of over the counter (OTC) transactions in securitized debt instruments has been enabled in Fixed Income Money Market and Derivatives Association of India (FIMMDA) reporting platform, the Reserve Bank of India (RBI) said in a notification on Monday.

All entities regulated by RBI should report their secondary market OTC trades in securitised debt instruments within 15 minutes of the trade on FIMMDA’s reporting platform from September 02, 2013, it added.



 

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