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Sebi to set up fund to buy stressed corporate bonds: FM Sitharaman

The new fund will be set up as an alternative investment fund

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Nirmala Sitharaman | SEBI | corporate bonds

Nikunj Ohri  |  New Delhi 



nirmala sitharaman
Union Finance Minister Nirmala Sitharaman | File photo: PTI

The Securities and Exchange Board of India will set up Corporate Debt Market Development Fund (CDMDF) to provide liquidity to mutual funds and other participating institutional investors in the corporate bond market, Finance Minister said.

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First Published: Thu, March 25 2021. 17:48 IST

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