Revised guidelines for repo transaction issued 2

Revised guidelines for repo transaction issued 2
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First Published: Tue, Mar 23 2010. 11 03 PM IST
Updated: Tue, Mar 23 2010. 11 03 PM IST
Mumbai: The Reserve Bank of India (RBI) on Tuesday issued revised accounting guidelines for repo transactions in government securities and corporate debt securities.
The guidelines, effective 1 April, say the repo buyer need not reflect securities for mark to market under the investment account.
Movement of securities should be shown by both parties as contra entries for greater transparency, RBI said.
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First Published: Tue, Mar 23 2010. 11 03 PM IST