Market regulator Sebi is planning to roll out a framework for market-making to assist markets in becoming extra vibrant and funds cheaper. The development will take place in view of over 98% of company bonds being personal placements, while public issuance of debentures only holds about 2% currently -- which finally ends up in a shallow secondary market. Notably, over time, there was a rapid improve in mobilisation of sources via the company bond route.
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