non-traded debt securities maturing below 182 days should be treated as money market instruments for the purpose of valuation. (b) Such securities should be valued at amortized purchase cost of investment plus accrued interest till the date of acquisition and difference between redemption value and purchase price spread over remaining maturity period. (a) Classification of Non Trade Debt instruments. (b) All non-Government, investment grade debt securities are valued at yield to maturity. The detailed procedure for computation of YTM is prescribed in SEBI Guidelines. (c) In case of non-Government non-investment grade non-performing debt securities, valuation is based on norms.