SEBI Allows Mutual Funds to Participate in Repos on Listed AA & Above Rated Corporate Debt Securities

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  • Last Updated on 12 June, 2023

SEBI mutual funds

Circular No. SEBI/HO/IMD/IMD PoD-2/P/CIR/2023/85, Dated 08.06.2023

Earlier, the SEBI vide circular no. CIR/IMD/DF/19/2011 dated November 11, 2011 read with CIR/IMD/DF/23/2012 dated November 15, 2012 allowed mutual funds to participate in repo transactions on corporate debt securities. Now in modification of the same the SEBI has clarified that the mutual funds can participate in repos on Listed AA & above rated corporate debt securities, commercial papers and certificates of deposits. The circular shall be effective immediately.

Click Here To Read The Full Circular

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