MUMBAI, Sept 12 (Reuters) - India will allow publicly-issued
debt to be traded in the institutional market along with
non-publicly issued debt, the stock market regulator said on
Thursday, seeking to increase market liquidity.
The Securities and Exchange Board of India (SEBI) Chairman
U.K. Sinha had told reporters at the sidelines of an industry
event on Tuesday that they would come up with measures to
increase liquidity in debt trading within a couple of days.
The SEBI circular said market participants can now trade
publicly-issued debt for a minimum lot size of 100 million
rupees while the exchange may separately provide for trading
smaller lot sizes of a minimum 1 million rupees.
(Reporting by Swati Bhat and Himank Sharma; Editing by Ruth