RBI revises norms on short selling of Govt. Securities in secondary market

The RBI has revised directions on short sale of G-Securities in secondary market. The directions are effective from July 26, 2018. As per revised norms, the maximum amount of a security (face value) that can be short sold are: Liquid securities 2% of the total outstanding stock of each security, or, '500 crore', whichever is higher, and other securities 1% of the total outstanding stock of each security, or, '250 crore', whichever is higher.

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