 "Saurabh Sarkar quits as MD, CEO of Metropolitan Stock Exchange")
In its endeavour to expand its bouquet of products and offerings, Metropolitan Stock Exchange of India Ltd (MSEI) has introduced new contracts in interest rate futures (IRF) and trading in sovereign gold bonds (SGB). The move is consistent with MSEI's approach of providing a rich and diversified product bouquet to market participants.
"The SGB will be available under the equity capital market segment. These are spot contracts with delivery based settlement and coupon of 2.75 per cent with tenure of eight years," said an exchange official.
Meanwhile, all six tranches of Sovereign Gold Bonds issued by Reserve Bank of India
