Electronic Book Mechanism for Issuance of Securities on Private Placement Basis

To streamline the issuance procedures for debt securities on a private placement basis and to enhance transparency and price discovery, SEBI mandated the use of an Electronic Book Mechanism (EBM) starting July 01, 2016, for issuing debt securities in the primary market. Furthermore, in January 2018, SEBI released comprehensive guidelines on EBM for private placement, which replaced the earlier guidelines issued in April 2016.

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Following is the collection various NISM Study Material of Indian Securities Market. The NISM Study Material may be downloaded from the provided pdfs.

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