Trading in interest rate futures began on National Stock Exchange on Monday, with the first contract for December delivery opening at Rs 94.50.
The March contract was quoted at 91.01/91.90 by 0632 GMT, but there were no deals at that stage.
The contracts are based on 10-year government bonds bearing a notional coupon of 7 per cent per annum, compounded every six months.
source bseindia
Showing posts with label interest rate futures trading. Show all posts
Showing posts with label interest rate futures trading. Show all posts
Monday, August 31, 2009
NSE (National Stock Exchange) starts interest rate futures trading
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