NSE moves closer to corporate bond index futures after Sebi nod
SEBI is in focus.
· Business Standard Mkts, Economic Times Markets, LiveMint Markets
NSE has received Sebi's no-objection certificate to introduce corporate bond index futures, with the proposed product still requiring RBI approval.
Why it matters
- With SEBI, RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.