March 25, 2011
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SEBI has notified the Securities and Exchange Board of India (Public offer and Listing of Securitised Debt Instruments) Regulations, 2008. The regulations provide for a framework for issuance and listing of securitized debt instruments by a special purpose distinct entity(SPDE) and has issued the Listing Agreement for Securitized Debt Instruments shall come into force with immediate effect. Listing of securitized debt instruments would help improve the secondary market liquidity for such instruments.