Municipal Debt Securities - Repository

Disclaimer

The information in this section is designed to offer a simplistic explanation/clarification of terms/concepts related to issue and listing of Municipal Debt Securities. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding opinion/guidance from SEBI. For full particulars of laws, please refer to actual text of the Acts/Regulations/Circulars appearing under the Legal Framework Section on the SEBI website.

Category	Sub-Category	Title
General	Flowchart	Indicative Process of Issuance of Municipal Debt Securities
General	Flowchart	Steps involved in issuance and listing of Municipal Debt Securities
Pre-listing Requirements	Merchant Banker	Indicative Due Diligence Questionnaire and Requisition Checklist of Documents
Pre-listing Requirements	Merchant Banker	Disclosure Checklist - Schedule I and IA of SEBI (ISSUE AND LISTING OF MUNICIPAL DEBT SECURITIES) REGULATIONS, 2015,
Pre-listing Requirements	Stock Exchange	Checklist for making in-principle approval application to the stock exchanges for Public Issue of Municipal Debt Securities
Pre-listing Requirements	Stock Exchange	Checklist for making in-principle approval application to the stock exchanges for Private Placement of Municipal Debt Securities
Pre-listing Requirements	Stock Exchange	Checklist for listing publicly issued Municipal Debt Securities with the stock exchanges
Pre-listing Requirements	Stock Exchange	Checklist for listing privately placed Municipal Debt Securities with the stock exchanges
Pre-listing Requirements	Debenture Trustee	Checklist for due diligence by Debenture Trustees
Pre-listing Requirements	Credit Rating Agency	Checklist for rating by Credit Rating Agency
Post-listing Requirements	Stock Exchange	Municipal Debt Securities Compliance Calendar
Post-listing Requirements	Credit Rating Agency	Post Issue compliance and Monitoring by Credit Rating Agencies
Post-listing Requirements	Debenture Trustee	Checklist for monitoring and compliance by Debenture Trustee
Sample Formats	Merchant Banker	Letter of Appointment of Merchant Banker
Sample Formats	Merchant Banker	Certificate confirming agreement between issuer and lead manager
Sample Formats	Merchant Banker	Due diligence certificate to be given by the lead manager (s) with draft offer document or preliminary placement memorandum
Sample Formats	Merchant Banker	Due diligence certificate to be given by the lead manager (s) with offer document or placement memorandum
Sample Formats	Merchant Banker	Due diligence certificate to be given in the event of disclosure of material events
Sample Formats	Merchant Banker	Format of issue advertisements for public issues
Sample Formats	Merchant Banker	Sample Term Sheet
Sample Formats	Depository	Tripartite agreement between the issuer, registrar and the depository
Sample Formats	Debenture Trustees	Due Diligence Certificate (Schedule III) by Debenture Trustee
Sample Formats	Debenture Trustees	Agreement between Issuer and Debenture Trustee
Sample Formats	Debenture Trustees	Format of Trust Deed executed between Debenture Trustee and Issuer
General	Legal Highlights	Municipal Debt Securities - Key Regulatory Framework
FAQs	Municipal Debt Securities	Frequently Asked Questions for Municipal Debt Securities