SEBI vide notification dated May 19, 2023 has issued Consultation paper on proposal enabling direct participation by clients/ participants in the Limited Purpose Clearing Corporation – tri-party repo for corporate bonds.
The objective of this consultation paper is to seek comments/views/ suggestions from the public on the proposal for enabling direct participation by clients/ participants in the tri-party repo segment for corporate bonds.
This proposal will facilitate direct participation in repo transactions in corporate bonds by entities which cannot take direct membership of the Stock Exchange/ Clearing Corporation viz. bodies corporate, NBFCs, Insurance companies, Mutual Funds, etc.
