India to allow bond options next year

Friday 30th, December 2016 / 19:15 Written by
India to allow bond options next year

MUMBAI: The Reserve Bank of India said it would allow the trading of bond options starting January 31, 2017, in the latest move by the central bank to develop the country’s debt markets.
The RBI said market participants would be allowed to trade both exchange-traded and over-the-counter bond options, including for market-making purposes.
The move had long been expected after an RBI panel proposed in February that bond options be introduced to provide more hedging options for investors.
India has been keen to develop its fixed income markets and imposed revamped trading rules for bond futures in January 2014. — Reuters

Share Button

Facebook

Twitter

  • 3 hours agoWith the participation of 200 SMEs, Omani Innovations Exhibition to open at Oman Convention & Exhibition Centre tom… /t.co/v7ZEGslCFX
  • 3 hours agoPublic Authority for Craft Industries to provide cash support for 1414 craftsmen and craftswomen across the Sultana… /t.co/mST3V24yTz
  • 4 hours agoRT @Oman_biz: Two major water desalination schemes with the potential to add around 500,000 m3/d (100 MIGD) of new capacity are envisaged f…