NSE Issues Circular for Tri-Party Repo Product of AMC Repo Clearing Limited (ARCL) on the TRM Platform

On 17th March 2023, the National Stock Exchange of India (NSE) issued a Circular in regard to the Tri-Party Repo Product of AMC Repo Clearing Limited (ARCL) on the TRM Platform in reference to the prior issued Circular Ref. No. NSE/DS/37840 was issued on 25th May 2018, when the NSE notified the launch of the Tri-Party Repo Market Platform (TRM Platform) in the Debt Segment. NSE currently offers tri-party repo on corporate bonds, commercial papers (CPs), and certificates of deposit (CDs) (“Existing Products”) with the guaranteed settlement.