Stories
NSE Gets SEBI Nod for Corporate Bond Index Futures, Awaiting RBI Approval
N
News18•01-10-2026, 11:00
NSE Gets SEBI Nod for Corporate Bond Index Futures, Awaiting RBI Approval
- •The National Stock Exchange of India (NSE) has received a No Objection Certificate (NOC) from SEBI to introduce futures contracts on a Corporate Bond Index.
- •This move aims to provide market participants with an exchange-traded tool for managing corporate bond market risk, offering avenues for risk management, portfolio hedging, and price discovery.
- •The product is expected to facilitate market making by allowing participants to manage market risk from their corporate bond portfolios.
- •Introduction of these futures contracts is still subject to requisite approval from the Reserve Bank of India (RBI).
- •NSE's Chief Business Development Officer, Sriram Krishnan, highlighted this as a significant milestone for India's fixed income markets, aiming for a deeper, more liquid, and resilient debt market.
Key Questions Answered
The National Stock Exchange of India received a No Objection Certificate from the Securities and Exchange Board of India to introduce futures contracts on a Corporate Bond Index.
The proposed futures contracts are intended to provide an additional tool for risk management, portfolio hedging, and price discovery while supporting India's corporate bond derivatives ecosystem.
The introduction of the Corporate Bond Index Futures remains subject to the requisite approval from the Reserve Bank of India.
