Sebi mulls one-time listing window for unlisted NCDsMutual funds holding illiquid, lower-rated securities would be able to use this opportunity to offload them to buyers. The rise in risk aversion after the Covid-19 lockdown had made it very difficult for funds to sell these securities without incurring huge losses. According to industry estimates, debt mutual fund schemes held unlisted NCDs worth Rs 41,500 crore on March 31.
from Economic Times https://ift.tt/2XiitwI
from Economic Times https://ift.tt/2XiitwI
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