Bombay Stock Exchange (BSE) Launches Trading In Interest Rate Futures (IRF) Contracts On 10 Year Cash Settled Government Securities

BSE, Asia’s first stock Exchange, today launched live trading in new interest rate futures, in 10 Year Government of India (GoI) securities. As per the guidelines issued by the regulator, trading will be allowed in Cash settled 'Single bond futures'. GOI Bonds with residual maturity of 9 to 10 years on the date of expiry of futures contracts are eligible for such trading.

The BSE Interest Rate Futures (IRF) contracts on 10 year cash settled government securities was launched by the Chief Guest, SEBI Chairman, Shri U. K. Sinha, and Guest of Honor Executive Director, RBI, Shri R. Gandhi.