Economic TimesLean R·
NSE gets Sebi nod to launch corporate bond index futures
India's National Stock Exchange has received a no-objection certificate from markets regulator Securities and Exchange Board of India to launch futures contracts linked to a corporate bond index, the exchange said on Thursday.The launch is subject to approval from the Reserve Bank of India.The proposed contracts would provide investors an exchange-traded instrument to hedge exposure to corporate bonds and manage portfolio risk, NSE said.India's corporate bond market has grown in recent years as…
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