InvestorQ : Who exactly regulates the bond markets and the debt markets in India?
manisha Kolvenkar made post

Who exactly regulates the bond markets and the debt markets in India?

Answer
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Mahima Roy answered.
1 year ago


As debt market trade both government and corporate debt instruments, we have following two regulators who work in conjunction with one another:

Reserve Bank of India (RBI): It regulates and also facilitates the government bonds and other securities on behalf of governments. It regulates bond markets from the overall government debt management point of view and also keeps a tab on the impact that the debt program of the government has on the interest rates and yields in the economy.

Securities and Exchange Board of India (SEBI): It regulates corporate bonds, both PSU (Public sector undertaking) and private sector. SEBI is more focused on maintaining the integrity of the trading mechanism and to ensure that the interests of the investors are broadly protecting and they are conscious of the risks involved.