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Corporate Debt Market Development Fund
April 3 , 2023
602 days
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- SEBI decided to set up a corporate debt market development fund in the form of an Alternative Investment Fund (AIF) with an initial corpus of Rs 3,000 crore.
- It will act as a backstop facility for purchase of investment grade corporate debt securities during times of stress.
- The move is aimed at instilling confidence amongst the participants in the corporate bond market and to generally enhance secondary market liquidity.
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