ABSTRACT

This chapter broadly describes developed and emerging fixed income securities market worldwide, with special reference to India, recent developments in various segments of the fixed income market, different participants involved, etc. Accordingly, at the end of this chapter, the readers are expected to be familiar with:

Nature of Fixed Income Securities Market worldwide and in India

Operations in Primary and Secondary Debt Market

Primary Issuance (Auctions, Public Issue, Private Placements)

Secondary Market Trading in Govt. and Non-Govt. securities

Settlement of trades in debt securities

Role of Major Players in Indian debt market