Transaction in Corporate Bonds through Request for Quote (RFQ) platform by Alternative Investment Funds (AIFs)

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..... by Alternative Investment Funds (AIFs) 1. To increase the liquidity on RFQ platform of stock exchanges and to enhance the transparency and disclosure pertaining to trading in secondary market in Corporate Bonds, SEBI has, in past, prescribed stipulations for transactions on RFQ platform by Mutual Funds 1 , Portfolio Management Services 2 and Stock Brokers 3 . 2. Considering the above .....

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..... mode which gets executed with another AIF, shall be counted in one-to-many mode and not in one-to-one mode. 4. The aforesaid requirement shall come into force with effect from April 01, 2023. 5. This circular is issued with the approval of the competent authority. 6. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of .....

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