What are the segments in the secondary debt market?
The segments in the secondary debt market based on the characteristics of the investors and the structure of the market are: • Wholesale Debt Market – where the investors are mostly Banks, Financial Institutions, the RBI, Primary Dealers, Insurance companies, MFs, Corporates and FIIs. • Retail Debt Market involving participation by individual investors, provident funds, pension funds, private trusts, NBFCs and other legal entities in addition to the wholesale investor classes.