91 Day Treasury Bill Futures Trading in India

 

 

The amendment directions were issued by the Reserve Bank of India (RBI) on March 07, 2011, permitting trading of Interest Rate Futures (IRFs) on 91-Day Treasury Bills.

 

http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=6276&Mode=0

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Interest Rate Futures on 91-Day Treasury Bills - Methodology for computing the weighted average discount yield

 

http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24079

 

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SEBI Circulars

 

http://www.sebi.gov.in/circulars/2011/dnpdcir32011.pdf

 

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On National Stock Exchange of India (NSE) trading in 91 Day Treasury Bill Futures started on 4.7.2011 (4th July 2011).

 

Cash settled contract

 

Detailed brochure on the product by released by NSE

 

NSE Market Watch

 

http://www.nseindia.com/live_market/dynaContent/live_watch/interest_rate_futures_watch.htm

 

 

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Comments and Reviews

 

 

 

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Knol - 4951