SEBI constitutes ‘Municipal Bonds Development Committee’ to make recommendations for development of municipal debt securities market

Securities Exchange Board of India(SEBI) vide press release dated February 14, 2020, has issued Municipal Bonds Development Committee in order to make recommendations to SEBI on policy matters pertaining to development of municipal debt securities market. The committee shall advise SEBI on issues related to regulation of intermediaries, development, structural reforms and facilitation of issue in primary and secondary market of municipal debt securities.

The committee shall be headed by Shri Sujit Prasad, Executive Director, SEBI and shall comprise of representatives from ministry, municipal corporation, lawyers, professionals and market practitioners as members.

The committee may be contacted at mbdc@sebi.gov.in.

Click here to read the press release.

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