<p>Public sector lender SBI, and FTSE Russell, the global index and data provider have announced the launch of FTSE SBI Bond Index Series at London Stock Exchange on Friday.<br /><br />The Index Series provides global investor community and other market participants the tools they need to analyse India’s bond market. <br /><br />In November 2015, during the visit of Prime Minister Narendra Modi to the UK, a letter of intent was signed between SBI and FTSE to develop in partnership, a new index tracking Indian fixed income securities. This initiative was also announced as a priority under the India UK Financial Partnership (IUKFP).<br /><br />This Index is also an important enabler to India focused funds and is expected to facilitate investment flows, the company said in a release.</p>
<p>Public sector lender SBI, and FTSE Russell, the global index and data provider have announced the launch of FTSE SBI Bond Index Series at London Stock Exchange on Friday.<br /><br />The Index Series provides global investor community and other market participants the tools they need to analyse India’s bond market. <br /><br />In November 2015, during the visit of Prime Minister Narendra Modi to the UK, a letter of intent was signed between SBI and FTSE to develop in partnership, a new index tracking Indian fixed income securities. This initiative was also announced as a priority under the India UK Financial Partnership (IUKFP).<br /><br />This Index is also an important enabler to India focused funds and is expected to facilitate investment flows, the company said in a release.</p>
