RbiSearchHeader

Press escape key to go back

पिछली खोज

थीम
थीम
टेक्स्ट का साइज़
टेक्स्ट का साइज़
S1

Notification Marquee

आरबीआई की घोषणाएं
आरबीआई की घोषणाएं

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

असेट प्रकाशक

55541166
हिंदी सामग्री शीघ्र ही अद्यतन की जाएगी।

Introduction of Credit Default Swaps for Corporate Bonds: Date for Operationalisation Changed

RBI/2011-12/228
IDMD.PCD.No. 12/14.03.04/2011-12

October 20, 2011

The Chairmen & Chief Executive Officers of all
Scheduled Commercial Banks (excluding RRBs),
Standalone Primary Dealers and Non Banking Financial Companies

Dear Sir/Madam,

Introduction of Credit Default Swaps (CDS) for Corporate Bonds: Change in effective date for operationalisation

A reference is invited to para 4 of the RBI circular of IDMD.PCD.No.  5053 /14.03.04/ 2010-11 dated May 23, 2011 wherein it was indicated that the guidelines on CDS would be effective from October 24, 2011. Necessary infrastructure which includes trade repository, documentation, publication of CDS curve for valuation, standardisation of contracts, etc. required for the launch of the product is being put in place. Further, market participants have asked for certain clarifications regarding documentation, operational aspects, and the arrangement for the necessary institutional framework.

2. In view of the above, the matter has been reviewed and it has been decided to operationalise CDS guidelines issued in May 2011 by the end of November 2011. The exact date will be notified shortly.

Yours faithfully,

(Sanjay Hansda)
Director & Officer-in-Charge

Related Press Releases/Notification

Oct 20, 2011

RBI changes Date for Operationalisation of CDS Guidelines for Corporate Bonds

May 24, 2011

RBI releases Guidelines on Introduction of CDS for Corporate Bonds

May 24, 2011

Guidelines on Credit Default Swaps (CDS) for Corporate Bonds

RbiTtsCommonUtility

प्ले हो रहा है
सुनें

संबंधित एसेट

आरबीआई-इंस्टॉल-आरबीआई-सामग्री-वैश्विक

RbiSocialMediaUtility

आरबीआई मोबाइल एप्लीकेशन इंस्टॉल करें और लेटेस्ट न्यूज़ का तुरंत एक्सेस पाएं!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

क्या यह पेज उपयोगी था?