MUMBAI: The Reserve Bank has constituted a working group to examine the scope of participation of non- residents, including foreign institutional investors (FIIs), in interest rate futures.
The eight-member group, to be headed by RBI executive director V K Sharma, "would analyse the experience with Interest Rate Futures so far and focus, inter alia, on product design issues," a central bank release said yesterday.
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Saturday, August 11, 2007
RBI constitutes working group on interest rate futures
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