SEBI may allow staff to invest in zero coupon zero principal security to invest in NPOs

ANANTHU C U

Madhabi Puri Buch, SEBI chairperson said, “We are going to the SEBI board meeting tomorrow to take permission for SEBI staff to be able to buy zero coupon zero principle bonds because we are not permitted to buy securities”

Market regulator SEBI will consider allowing its staff to buy zero coupon zero principle instruments to invest in non-profit organisations (NPO) listed in the NSE Social Stock Exchange (SSE) on March 15’s board meeting, Madhabi Puri Buch, SEBI chairperson said.

Speaking at NSE at the listing of 5 non-government organisations (NGOs) on the Social Stock Exchange, Buch said “We are going to the SEBI board meeting tomorrow to take permission for SEBI staff to be able to buy zero coupon zero principle bonds because we are not permitted to buy securities”.

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