Over the counter debt market soon
Indian investors would soon have plenty of opportunities to invest in debt instruments as the debt market in the country is showing signs of maturing, says Chandrashekar Bhave, chairman, SEBI.
Addressing a conference on the industry here, Bhave said debt market was maturing as investors with money were showing signs of investing in debt instruments. "Soon we will have over the counter debt market where debt instruments would be traded..... there are signs that people would be issuing large debt instruments," Bhave said.
Bhave said, "reliable insurers" would have no problems mobilising huge funds by way of debt. "There is a possibility that a debt market is opening up in India," he said.
Friday, March 6, 2009
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