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Sep 19, 2014
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Crisil launches India’s 1st inflation-linked G-Sec index
Credit-rating agency CRISIL on Thursday launched the country’s first inflation-linked securities index that seeks to track performance of a portfolio of inflation-linked government bonds. At present the government has issued only one such bond with a coupon rate of 1.44%.The rating agency said CRISIL IIGS Index will be a benchmark index for mutual funds that have launched schemes based on inflation-indexed bonds (IIBs).
Source -
http://www.financialexpress.com
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