Category : Economy & Banking
 In a bid to prevent the possibility of manipulation in the prices of securities, especially government securities (G-Secs), the Reserve Bank of India has changed the methodology used by debt market players, including banks and primary dealers, for their valuation. As per a central bank directive, security/bond valuation will be based on the weighted average price of the last half-an-hour of trading on the last trading day of every quarter against the last traded price earlier. The methodology as to how the bonds are valued is crucial for mark-to-market (MTM) purposes. |
| Source- The Hindu Business Line |
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