Is the debt market trading also broken up into segments like the equity market?
Answer
Answer
The segments in the secondary debt market based on the characteristics of the investors and the structure of the market are:
Wholesale Debt Market - where the investors are mostly Banks, Financial Institutions, the RBI, Primary Dealers, Insurance companies, MFs, Corporates and FIIs.
Retail Debt Market – where there is participation by individual investors, provident funds, pension funds, private trusts, NBFCs and other legal entities in addition to the wholesale investor classes.