On Jun. 24, IND FBIL revised state development loan methodology.
IND FBIL revised state development loan (SDL) valuation methodology by shortening the realignment look-back period for illiquid securities from 30 days to 7 days.
Aims to better reflect current market conditions, improve normalization of model yields to maturity (YTMs), changes are documented in SDL valuation methodology version 5.
Effectiveness
The revised SDL valuation methodology will be effective from Jul. 10, 2025.
Regulators
IND FBIL
Entity Types
B/D; Inv Co
Reference
PR 6/24/2025
Functions
Actuarial and Valuation; Compliance; Financial; Legal; Trading; Treasury
