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Question

In the IFSCA Circular on Sovereign Green Bonds (SGrBs)

(September 2024), how must trades in the secondary market be settled?

A Through the Reserve Bank of India (RBI)

B Using physical delivery of bonds

C In INR on a Delivery versus Payment (DVP) model

D In USD on a Delivery versus Payment (DVP) model

E Using electronic settlement on IFSCA platforms

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