MANU/SMIS/0005/2023

Ministry : Securities and Exchange Board of India

Department/Board : Alternative Investment Fund and Foreign Portfolio Investors Department

Circular No. : SEBI/HO/AFD/PoD/P/CIR/2023/017

Date : 01.02.2023

Notification/ Circulars Referred : Circular SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/142 dated October 19, 2022 MANU/SMIS/0020/2022;Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/130 dated July 22, 2020 MANU/SMFD/0008/2020;Circular no. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/641 dated October 06, 2021 MANU/SMFD/0032/2021;Circular no. SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/678 dated December 09, 2021 MANU/SIPM/0018/2021

Citing Reference:
Circular SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/142 dated October 19, 2022 MANU/SMIS/0020/2022  Referred

Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/130 dated July 22, 2020 MANU/SMFD/0008/2020  Referred

Circular no. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/641 dated October 06, 2021 MANU/SMFD/0032/2021  Referred

Circular no. SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/678 dated December 09, 2021 MANU/SIPM/0018/2021  Referred

To,

All Alternative Investment Funds

Sir/Madam,

Transaction in Corporate Bonds through Request for Quote (RFQ) platform 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, Portfo........