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  • As on ,
  • All Prices are in INR

The Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD) seeks to measure the performance of portfolio of 7 most liquid securities issued by Central Government of India (GOI) having residual maturities of more than 2.5 years. To facilitate institutional investors and off-shore funds to measure returns on their investment in US dollar terms, The Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD), a dollar denominated variant of the Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index has been developed.

ADVANCED CHARTING

Highlights

  • The index has a base date of January 01, 2015, with a base value of 1000
  • The index includes 7 most liquid government securities
  • Each security in the index is ranked based on its composite liquidity score and weight for each security is based on its liquidity rank
  • The index is subject to withholding tax on interest income earned in the underlying securities
  • The index is reconstituted and rebalanced monthly
  • The index is based on The Reserve Bank of India's Reference Rate for the US Dollar