NSE Indices Ltd, an NSE arm, has launched the country's first ever municipal bond index. The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating. The index was launched at a Securities and Exchange Board of India (SEBI) workshop on Municipal Debt Securities in Bengaluru. Presently, the index has 28 municipal bonds issued by 10 issuers all having credit rating in the AA category. The index constituents are assigned weights based on their outstanding amount.
In May 2023, India has provided a one-billion-dollar credit line to which country for essential imports?
ASEAN Maritime Exercise 2023 begins today in Harbour Phase, the event is held at which military port?
Which ministry has launched the Learning Management Information System 'Saksham'?
What is the name of a recently created digital distribution platform by HDFC Bank of India?
Who has been appointed as the new Deputy Chief of the Indian Air Staff in May 2023?
Which University is hosting Y20 Seminar on “Shared Future: Youth in Democracy and Governance”?
Who jointly launched the 'Study in India Portal'?
Reserve Bank of India has imposed a penalty of Rs 1.73 crore on which bank in May 2023?
The 6th Indian Ocean Conference was held in which city from 12 – 13 May 2023?
Which country is ranked number 1 in ICC Men’s Test and T20 Team Rankings 2023?
