Sebi allows mutual funds to buy, sell credit default swaps
- Posted on September 20, 2024
- By Business News Today
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Sebi allows mutual funds to buy, sell credit default swaps
Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity in the corporate bond market. This flexibility to participate in CDS would serve as an additional investment product for mutual funds, Sebi said in a circular.
