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This is an archive article published on December 8, 2008

SEBI to allow interest rate futures soon

SEBI will allow exchange-traded interest rate futures in Jan, a senior official said on Monday.

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The Securities and Exchange Board of India (SEBI) will allow exchange-traded interest rate futures in January, a senior official said on Monday.

“We are on track to launch interest rate futures. It will be launched by January”, T.C. Nair, director at the markets watchdog told an industry conference.

SEBI is also considering launching exchange-traded corporate bonds and would unveil it in a “couple of months”, he added.

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