Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Stock on Tap:
Most of the players who invest in these securities are institutions and hence the volumes are high. Considering that these securities are the first choice for banks to comply with SLR requirements, the demand is continuous. As all the institutional players deal with these securities in the demat form, the settlement procedures are also simple and thus enhance the liquidity. The secondary market transactions are essentially negotiated transactions between the players and hence they can be classified as OTC transactions.
The secondary market transactions in government securities are given in Table 1 of Appendix I. It is also known as the telephone market. In addition, the National Stock Exchange (NSE) has a wholesale debt market segment on which all the government securities are traded. Trading on NSE is screen-based. This facilitates all the participants to have online information about the trading. A participant who wants to initiate a deal or respond to an offer displayed on the screen, contacts one of the brokers who through his system places the order to buy or sell. The terms of the deal specify the details of the security, price, volume and date of settlement.
There is no prescribed settlement period in case of debt market as in the capital markets. Hence the deals may be entered for settlement on the same day or 1 or 2 days after the date of trading. Often, interbank GOI Sec trades settle on the same business day, whereas trades with non-bank counterparties settle either on the same day or up to five business days after the trade. If both the parties to the trade do not have current account but only an SGL account with the RBI, then the seller gives an SGL note detailing the transaction to the buyer. An SGL note is lodged with the RBI who makes the entries in the accounts of the two parties. All the institutional participants such as banks, FIs, Mutual Funds have an SGL account and Current Account with RBI. Both the buyer and the seller execute an SGL form under Delivery Versus Payment (DVP) system which is presented to the RBI. The RBI ensures the availability of funds with the buyer and security with the seller and posts these transactions in the Current Accounts and SGL Accounts.
Question 1: i) Is there a stable and inverse link between unemployment and inflation? ii) The government announces that expansionary policies will be enacted in a view
How can we calculate ration analysis in financial management?? Determine the ration analysis? Need assignemt help on this topic
Credit unions Credit unions are non-profit institutions jointly organised and owned by their members (depositors). Their main objective is to satisfy the depository and lending
Q. A sum of $2,500 is deposited in a bank account that pays 5.25% interest compounded weekly. How long will it take for the deposit to double? How long will it take you to accrue
there are 3 compaies i have to find out the price of equity share by using walters and gordons model.
Question: (a) Describe the main elements of Working capital management? (b) Belle Rive Ltd Belle Rive Ltd has an annual turnover of Rs 60 million of which 80% is on cr
Hedging Using Commodity Futures Producers of agricultural commodities are faced with price risk and production risk over a period of time and within a marketing year. In case o
Dual Aspect Concept - Accounting Principle This is, no doubt, the basic concept in accounting. Under this concept, each transaction has got a two-fold aspect: (i) yielding
What action(s) should be taken if analysis of pro forma financial statements reveals positive trends? Negative trends? When examine the pro forma statements, managers habi
a) What two legal documents should the couple ensure are up-to-date if they want a sound estate plan? What would happen if either became incapacitated or died and didn't have any
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd