3. How long would the SC take to approve an ABS submission?

The SC is committed to granting an approval under both the ABS and PDS Guidelines within 28 working days upon receipt of an ABS submission which fully complies with all requirements under both Guidelines.

 

Remark: A Bond is a debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities.

 

 

 

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