Flock blog
Reading regulatory filings, sourced and dated.
Plain-English guides to the public filings Flock tracks: 13F reports, NSE and BSE shareholding patterns, bulk and block deals, and FII/DII flows. Every claim links to its source. Research, not advice.
What is the RFQ platform? The exchange bond venue
The exchange RFQ platform on NSE and BSE runs 9 AM to 5 PM for negotiated bond trades. Who can use it, which securities qualify, and how trades settle.
What is an Online Bond Platform Provider (OBPP)?
An OBPP is a SEBI-regulated bond app: registered as a debt-segment broker, limited to listed products, with orders routed through the exchange RFQ platform.
EBP vs RFQ platform: how Indian bonds are traded
EBP vs RFQ platform compared: one is the primary-issuance auction for private placements, the other the secondary trading venue. Thresholds, users and data.
Green bonds vs sustainability-linked bonds in India
Green bonds vs sustainability-linked bonds: one restricts where the money goes, the other ties the bond's terms to targets. SEBI's two rulebooks compared.
How to spot greenwashing in green bonds: SEBI's rules
SEBI lists seven duties an Indian green bond issuer must meet to avoid greenwashing. How to check each one against the offer document and the annual report.
What are municipal debt securities in India?
Municipal debt securities are bonds issued by municipalities and state bodies under SEBI's 2015 rules, with escrow servicing and mandatory listing. Not advice.
What is commercial paper?
Commercial paper is an unsecured promissory note issued for 7 days to 1 year, in 5 lakh rupee lots, under RBI's 2024 Directions. How it is issued and reported.
What is a certificate of deposit (CD)?
A certificate of deposit is a negotiable, unsecured usance promissory note a bank issues for up to one year under RBI's 2021 Directions. Not advice.
What is an issuing and paying agent (IPA)?
An issuing and paying agent is the scheduled commercial bank that routes, certifies and reports every commercial paper issuance under RBI's 2024 Directions.
What is F-TRAC?
F-TRAC is the CCIL trade repository where commercial paper, CDs and short-term NCD issuances, trades, buybacks and defaults are reported. Not investment advice.
Commercial paper vs NCD: what actually differs
Commercial paper vs NCD: one is unsecured and 7 days to a year, the other is secured by definition under RBI rules. Why the word NCD means two things.
Commercial paper vs certificate of deposit
Commercial paper vs certificate of deposit: companies issue one, only banks issue the other. Tenor, denomination, reporting and buyback rules compared.
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