9911796707
TMI BlogRBI releases Draft Directions on Bond Forwards under Section 45W of the RBI Act, 1934X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI releases Draft Directions on Bond Forwards under Section 45W of the RBI Act, 1934 X X X X Extracts X X X X X X X X Extracts X X X X ..... Bank of India (Bond Forwards) Directions, 2023. Comments on the draft directions are invited from banks, market participants, investors and other interested parties by January 25, 2024. Feedback on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the draft directions may be forwarded to: The Chief General Manager Reserve Bank of India Financial Markets Regulation Department 9th Floor, Central Office Building Shahid Bhagat Singh Marg, Fort ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mumbai - 400001 Or by email with subject line "Feedback on Draft Directions on Bond Forwards". Background The Reserve Bank of India has been expanding the suite of interest rate derivative produc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts available to market participants to manage interest rate risks. The Reserve Bank has received suggestions on the need to introduce bond forwards in government securities. The draft directions on co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntracts to deliver government securities on a forward basis seek to enable market participants, especially long-term investors, to manage their cash flows and interest rate risk. (Yogesh Dayal) Chi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ef General Manager X X X X Extracts X X X X X X X X Extracts X X X X
|
