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NSE Gets SEBI Nod for Corporate Bond Index Futures, Boosting India's Fixed-Income Market
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CNBC TV18•01-10-2026, 08:48
NSE Gets SEBI Nod for Corporate Bond Index Futures, Boosting India's Fixed-Income Market
- •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 new product aims to provide market participants with an exchange-traded instrument for managing corporate bond market risk and developing India’s corporate bond derivatives market.
- •Corporate Bond Index Futures are expected to offer additional avenues for risk management, portfolio hedging, and price discovery, also supporting market making.
- •The launch of the product is contingent upon receiving 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, enabling more efficient risk transfer and greater institutional participation.
Key Questions Answered
The National Stock Exchange of India (NSE) has received a no-objection certificate (NOC) from the Securities and Exchange Board of India (SEBI) to introduce futures contracts on a corporate bond index.
The proposed product will give market participants an exchange-traded instrument for managing corporate bond market risk, hedging portfolios, price discovery, and supporting India's corporate bond derivatives market development.
The official launch of the corporate bond index futures product remains subject to the requisite approval from the Reserve Bank of India (RBI).
