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ASIFMA mentioned in Live Mint article “FPIs resist mandatory 10% debt trade on RFQ”
From the article –
“In response to Sebi’s consultation paper, FPI lobby group Asia Securities Industry and Financial Markets Association (ASIFMA) said mandating foreign funds to use platforms like RFQ won’t increase liquidity in debt markets, adding improving ease of access to the debt market for FPIs instead will attract more flows….
“We believe that focusing on a way to integrate or connect the local stock exchange RFQ platform(s) with global trading platforms commonly used by global institutional investors would fast track FPI investments in India’s corporate bond market and be an efficient win-win for all stakeholders.” ASIFMA said.”
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