Asia Index launches S&P BSE India 10 yr sovereign bond index

Tags: BSE, S&P, Stock Market
Asia Index, a joint venture of BSE and S&P Dow Jones, today launched the

RELATED ARTICLES

S&P BSE India 10-year sovereign bond index.

"The Index is also the first bond index to be launched by the recently incorporated Asia Index Pvt Ltd, signifying our commitment to providing greater index based tools for Indian investors," Asia Index CEO Alka Banerjee said in a statement issued here.

The benchmark is an Indian Sovereign bond with a fixed coupon and a remaining maturity close or equal to 10 years.

The new index would measure the performance of the benchmark 10-year Indian sovereign bond.

"For index purposes, it is typically the most liquid bond among those meeting the remaining maturity criteria," the statement added.

The index will be calculated in Indian rupees, US dollars and Qatari riyals.

In September last year, BSE and S&P Dow Jones had announced the incorporation of a joint venture company, Asia Index, to provide an array of indices enabling global and domestic investors to participate in South Asian economies.

S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest global resource for index-based concepts, data and research.

BSE is Asia's oldest stock exchange and home to the iconic Sensex index - a leading indicator of Indian equity market performance.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Steps towards transparency in the real estate sector are long overdue

    Searching for black money in India’s real estate sector, which constitutes 11 per cent of the country’s $ 2 trillion GDP, is like searching for th

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Reaping from the core of the earth

Geothermal energy is energy generated from inside the earth’s crust. ...

Zehra Naqvi

For the love of language

A video doing the rounds in social media these days ...

Dharmendra Khandal

‘Poop’ coffee anyone? If civets suffer, so be it

That a drink which proudly associates itself with animal poop ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture