Lehman Brothers has launched an Indian government bond index, created to measure the performance of the growing local currency bond market in India.
The index will consist of Indian rupee-denominated fixed-rate government debt.
In order to qualify for the index, a bond must be publicly issued by the Reserve Bank of India with a par amount of at least 10 billion Indian rupees (INR) and a maturity greater than one year.
At inception on October 1, the index included 73 bonds with a market value of I
The week on Risk.net, July 7-13, 2018Receive this by email