Revision in Haircut on Central Government Securities (G-Sec) accepted as Collateral

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..... ateral SEBI, vide circular MRD/DoP/SE/Cir-7/2005 dated February 23, 2005 , captioned Comprehensive Risk Management Framework for the cash market , has, inter alia, specified the applicable haircuts for the acceptable liquid assets deposited by members with the exchange/clearing corporation for various requirements. 2. Based on the feedback received from the Clearing Corporations and the r .....

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..... For all other Semi-liquid* and Illiquid* Government of India Dated Securities 10% *As jointly decided by clearing corporations 3. The classification of the Government of India Dated Securities, as above, shall be reviewed on 15th of every month. The revision in classification, if any, shall be implemented with effect from 1st of the next month. 4. This .....

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