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CLARIFICATION ON THE VALUATION OF BONDS ISSUED UNDER BASEL III FRAME WORD VIDE CIRCULAR DATED 22ND MARCH 2021 - SEBI

Updated on:22nd Mar, 2021
1. SEBI, vide para 8 of the circular No. SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10, 2021, has inter alia stated that the maturity of all perpetual bonds shall be treated as 100 years from the date of issuance of the bond for the purpose of valuation. 2. Based on the representation of the Mutual Fund Industry to consider a glide path for implementation of the policy and request of other stakeholders, it has been decided that the deemed residual maturity for the purpose of valuation of existing as well as new bonds issued under Basel III framework shall be as below..
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