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National Stock Exchange launched interest rate options on ten-year Government bonds. The exchange recorded a turnover of 5,926 contracts on the first day of its launch yesterday.

In a press statement, NSE’s Managing Director and Chief Executive Officer Vikram Limaye said, the exchange has added one more instrument to the fixed income derivatives asset class. He said, interest rate options will provide institutional investors the ability to manage risk through a non-linear product. Interest rate options are based on the underlying ten-year government bonds, which are 7.26 per cent 2029 bond and 6.45 per cent 2029 bond. 



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