1. How are the fixed income products valued in accordance with the Prudential norms on valuation Master Circular RBI? ( My Job profile was related to Fixed Income and Money Market Treasury Operations Audit Profile, hence the question asked to me was so specific)

Question

Accepted Answer

Fixed income products are valued in accordance with RBI's valuation Master Circular on Prudential norms.

Fixed income products are valued based on their market value or fair value.
The valuation is done by independent valuers or by the issuer's internal valuation committee.
The valuation should be done at least once a quarter and the results should be reported to the RBI.
The valuation should take into account factors such as credit risk, interest rate risk, liquidity risk, and market risk.
The valuation should be based on reliable and verifiable data sources.
Examples of fixed income products include bonds, debentures, and money market instruments.

Accepted Answer

Fixed income products are valued in accordance with RBI's valuation Master Circular on Prudential norms.

Fixed income products are valued based on their market value or fair value.
The valuation is done...read more

1. How are the fixed income products valued in accordance with the Prudential norms on valuation Master Circular RBI? ( My Job profile was related to Fixed Income and Money Market Treasury Operations Audit Profile, hence the question asked to me was so specific)

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