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BRIEF-India cenbank issues directions on introduction of interest rate options
December 29, 2016 / 11:54 AM / a year ago

BRIEF-India cenbank issues directions on introduction of interest rate options

Dec 29 (Reuters) - Reserve Bank of India:

* RBI: Introduction of interest rate options in India

* RBI: Eligible market participants permitted to take positions in interest rate options for their own balance sheet management and for market making purposes

* RBI: Directions shall be effective from January 31, 2017 Source text: bit.ly/2ih4hhh

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