RBI-Participation in Exchange Traded Interest Rate Futures
December, 20th 2013
December 19, 2013
The Chairmen/Chief Executive Officers All Commercial Banks (excluding RRBs and LABs) and Stand Alone Primary Dealers
Participation in Exchange Traded Interest Rate Futures
Directions on cash settled Interest Rate Futures (IRF) on 10-year Government of India security were issued vide notificationIDMD.PCD.07/ED (RG) - 2013 dated December 5, 2013. These directions were issued superceding the Interest Rate Futures (Reserve Bank) Directions, 2009 dated August 28, 2009 (as amended till December 30, 2011).