RBI approves forward contracts for government bonds to help manage interest rate risks.

The Reserve Bank of India (RBI) has approved forward contracts in government bonds to help long-term investors like insurance funds manage interest rate risks. The RBI aims to enhance market development by introducing these contracts, which will be finalized after considering public feedback. Additionally, the RBI will allow SEBI-registered non-bank brokers access to NDS-OM, a trading platform for government securities.

6 weeks ago
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