FTSE SBI Bond Index: India’s first bond index series launched by SBI

SBIState Bank of India (SBI) along with FTSE Russell, global index and data provider launched FTSE SBI Bond Index series at London Stock Exchange (LSE) It is India’s first bond index series for overseas investors. It launch follows November 2015 visit of Prime Minister Narendra Modi in UK when letter of intent was signed between SBI and FTSE to jointly develop new index tracking Indian fixed income securities.

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