NSE, BSE and MCX-SX exchanges has received approval of the Securities and Exchange Board of India (Sebi), the market regulator, to introduce IRFs (Interest Rate Futures). MCX-SX is the first to offer live trading in Interest Rate Futures in 10-year government bonds in the currency derivatives segment with effect from January 20.
Bonds are investment vehicles. They are meant especially for investors with relatively less appetite for risk and having an intention to earn returns higher than what are possible to earn from other avenues like Fixed Deposits that are considered as safe. So, safety and return both are of equal concern for those investing in Bonds. Most categories of bonds will buy by mutual fund companies and corporate.