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What is IRF’s Or Interest Rate Futures Introduced in Indian Markets

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interest rate drop 300x288 What is IRFs Or Interest Rate Futures Introduced in Indian Markets IRF’s or Interest Rate Futures is available to all investors from Aug 31. Its a form of derivatives which is used to hedge against interest rate risks. The NSE launched the IRF’s on the basis of a ten year government security and has waived transaction charges till December 31. The investors till now had no tool to make the benefit from the rise in the interest rates. this move would ensure that they do get a chance to make use of the rises of intrest rates in the bond prices. This new introduction to the market gives strong signal that more tools like this would be introduced into the market.
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