ICRA Management Consulting Services (IMaCS), an arm of ICRA, has launched four fixed income indices, including one on corporate bonds.
The four indices which are launched are :ICRA Gilt Indices, ICRA Liquid Indices, ICRA Corporate Bond Indices and ICRA Composite Debt Indices.
As per Sanjeev Sinha, IMaCS managing director and CEO, “ICRA fixed income indices will enable asset managers and investors with effective benchmarks to measure the risk returns dynamics of the fixed income markets.”
Moreover, the rebalancing would be every fortnight in case of liquid indices and on monthly basis for the others.
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