• As on ,
  • All Prices are in INR

NIFTY CD Index series consists of 4 indices which measure the performance of Certificate of Deposits (CDs) with short term rating of A1+ and Long term rating of AAA/AA+ across distinct maturity segments of 2 month, 3 month, 6 month and 1 year .

Each index consists of up to 10 most liquid issuers. The indices are rebalanced and reconstituted on fortnightly basis.


Highlights

  • The Indices have a base date of 3rd September, 2001 and a base value of 1000
  • The Indices seek to measure the performance of CP across maturity segment of 2 month, 3 month, 6 month and 1 year.
  • The Indices seek to measure the performance of Commercial Papers (CPs) with short term rating of A1+ and Long term rating of AAA/AA+
  • With up to 10 issuers, the index is well-diversified and broad-based
  • Based on a well-defined, market relevant and rules-based framework, the index is a transparent and objective indicator of Indian CP market performance
  • The index is rebalanced and reconstituted on a fortnightly basis