Archive · 1 Oct 2026
NSE Receives SEBI NOC for Corporate Bond Index Futures
NSE wants to create futures contracts linked to a corporate bond index.
These contracts would be traded on an exchange.
They could help investors manage risks when corporate bond prices change.
Investors could also use them to protect their bond portfolios without selling the bonds they already own.
The contracts may help the market discover prices more efficiently.
They could also help market makers manage risks while providing trading services.
SEBI has given NSE a no-objection certificate for the proposal.
However, the Reserve Bank of India must still approve the product before it can be introduced.
NSE says the plan could help make India’s corporate bond market deeper and more active.
The National Stock Exchange of India received a SEBI no-objection certificate to propose Corporate Bond Index Futures.
The exchange-traded contracts would track a corporate bond index and offer tools for risk management, portfolio hedging and price discovery.
NSE said the product could support market making by helping participants manage risks from corporate bond portfolios.
The proposed launch still requires the requisite approval from the Reserve Bank of India.
NSE shares closed at Rs 1,763.05 on Wednesday, and the reports said the stock debuted on September 24, 2026.
- Who
- The National Stock Exchange of India, with a SEBI no-objection certificate and pending Reserve Bank of India approval.
- What
- NSE proposed introducing exchange-traded futures contracts based on a Corporate Bond Index.
- When
- NSE announced the SEBI NOC on Thursday; its shares settled at Rs 1,763.05 on Wednesday. The reports said the stock debuted on September 24, 2026.
- Where
- The proposal concerns India’s corporate bond and fixed-income markets, and the announcement was datelined Mumbai.
- Why
- The proposed contracts are intended to support risk management, portfolio hedging, price discovery, market making, efficient risk transfer and institutional participation.
- Proposed product
- Corporate Bond Index Futures
- SEBI status
- NSE received a no-objection certificate from the Securities and Exchange Board of India.
- Pending approval
- The product requires requisite approval from the Reserve Bank of India before introduction.
- Expected uses
- Risk management, portfolio hedging, price discovery and market making
- Market objective
- Deepen India’s fixed-income markets and expand exchange-traded risk-management products
- NSE share price
- Rs 1,763.05 at Wednesday’s close
- Stock debut
- September 24, 2026, according to the reports
