Interest rate futures in india ppt
An interest rate future is a financial derivative (a futures contract) with an interest- bearing instrument as the underlying asset. It is a particular type of interest rate An Interest Rate Futures contract is "an agreement to buy or sell a debt instrument at a specified future date at a price that is fixed today." The underlying security 9 May 2010 Considering that Interest Rate Volatility can be a major cause of Why Interest Rate Futures are required in India? b) Banks A technical