NSE Wins Sebi Clearance to Launch Corporate Bond Index Futures
India’s National Stock Exchange has received a no-objection certificate from the Securities and Exchange Board of India to introduce futures contracts linked to a corporate bond index, a move that could deepen hedging options in the country’s fixed-income market. The product still requires approval from the Reserve Bank of India, but the regulatory green light marks a significant step toward improving risk management as corporate bond issuance and trading activity expand.
