RBI Update - Stripping/Reconstitution in State Government Securities - Mehta & Mehta
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RBI Update - Stripping/Reconstitution in State Government Securities - Mehta & Mehta
The Reserve Bank of India (RBI), following consultations with State Governments and market participants, has introduced the facility of Separate Trading of Registered Interest and Principal of Securities (STRIPS) in State Development Loans (SDLs), effective May 29, 2025. Eligible Securities: Fixed coupon SDLs with: Residual maturity up to 14 years,Minimum outstanding amount of ₹1,000 crore, SLR eligibility and transferability. How to Place Reque…
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