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NSE said the product will require the requisite approval from the Reserve Bank of India (RBI) before it can be introduced.
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Moneycontrol•01-10-2026, 16:01
NSE Gets SEBI Nod for Corporate Bond Index Futures: What It Means for Investors
  • •The National Stock Exchange (NSE) received a No Objection Certificate (NOC) from SEBI to launch futures contracts linked to a Corporate Bond Index.
  • •These futures contracts will provide investors with a listed instrument to take or hedge exposure to the corporate bond market, improving price discovery and risk management.
  • •Corporate bond index futures are derivative contracts whose value is linked to an index of corporate bonds, allowing participants to manage exposure without buying individual debt securities.
  • •The product offers an additional risk-management tool, enabling investors to hedge against adverse market movements without selling underlying bond holdings.
  • •The launch is contingent on receiving approval from the Reserve Bank of India (RBI), which is the next key step for NSE in expanding exchange-traded products for fixed-income markets.

Key Questions Answered

The National Stock Exchange (NSE) received a No Objection Certificate (NOC) from the Securities and Exchange Board of India (SEBI) to launch futures contracts linked to a Corporate Bond Index.

The product requires the requisite approval from the Reserve Bank of India (RBI) before it can be formally introduced.

They provide an additional risk-management tool that allows investors holding corporate bonds to hedge against adverse market movements without necessarily having to sell their underlying bond holdings.