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S.Venkat Raman
CEO & Chief Rating Officer
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Presentation structure

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G
rey elements of bond market
development

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D 2ccounting standards ± to give true financial picture
D Corporate governance ± for predictability of corporate
action
D Credit ratings ± to provide a comparative framework
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D Veadily usable risk indicator
D Tool for price-discovery, particularly for non-sovereign debt
D Creating of a proper yield curve
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D Veduce information asymmetry between investors and issuers
D Facilitate comparison of investment options
D Facilitate pricing of credit risk
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D Creates liquidity in bond portfolios
D Leads to clarity in pricing of credit risk
D Makes structured debt issuances easier
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D Oest practices for company analysis, risk assessment
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