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Franklin MF in talks with bond issuers to list unlisted debt on bourses

Fund house exploring ways to expedite secondary market sales to boost liquidity

Mutual funds, Stock markets, liquidity
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The fund house is also working on getting the schemes under wind-up listed on exchanges, as required by Sebi’s new norms, so that investors with urgent need of liquidity can use this facility

Jash Kriplani Mumbai
Franklin Templeton Mutual Fund (MF) is in talks with bond issuers to get unlisted debt securities listed on the bourses. This is to shore up liquidity to some of these unlisted securities.

In a podcast, Santosh Kamath, managing director and chief investment officer-fixed income, Franklin MF, said: “We are engaged with our issuers and listing of some of these unlisted securities can positively impact their liquidity in the secondary market.”

These podcasts have been part of a regular communication by the fund house to keep investors of the six schemes under wind-up informed and abreast of developments.

Kamath clarified that after norms restricting

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