SECTOR
NSE receives NOC from SEBI for introduction of corporate bond index futures
Oct-01-2026

National Stock Exchange of India (NSE) has received a No Objection Certificate (NOC) from the Securities and Exchange Board of India (SEBI) for the proposed introduction of futures contracts on a Corporate Bond Index. The proposed product seeks to provide market participants with an exchange-traded instrument for managing corporate bond market risk and facilitate development of the broader corporate bond derivatives ecosystem in India.

Corporate Bond Index Futures are expected to complement the growing caorporate bond market by providing an additional avenue for risk management, portfolio hedging and price discovery. The product can also support the development of market making by enabling participants to manage market risk arising from their corporate bond portfolios.

The introduction of the product is subject to requisite approval from the Reserve Bank of India (RBI). The proposed initiative is aligned with NSE’s continued efforts towards deepening India’s fixed income markets and expanding the suite of exchange-traded risk-management products available to market participants.

National Stock Exchange of India, established in 1992, is the first demutualized electronic exchange in India. NSE offers trading in equity, equity derivatives, debt, currency derivatives and commodity derivatives segments.

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