NSE Indices launches new Nifty Bharat Bond index

NSE's index services subsidiary, NSE Indices Limited, on Thursday said it has launched one more index under the Nifty Bharat Bond index series. The Bharat Bond index series follows a target maturity date structure wherein each index in the series measures the performance of a portfolio of "AAA" rated bonds issued by government owned entities maturing in a specific year. Nifty Bharat Bond Index - April 2032- has been launched within the Nifty Bharat Bond index series.