Friday, June 28, 2013

RBI sets measures for state discom bonds

Bonds, which will be issued by state power distribution companies (Discoms), will be valued at their current market price, if they are traded and quoted. However, they will be valued on a yield to maturity (YTM) basis with a mark-up, if bonds are not traded and quoted, the Reserve Bank of India (RBI) said in a notification on Thursday............

No comments: