NIFTY AAA Short-Term Corporate Bond Index

NIFTY AAA Short-Term Corporate Bond Index measures the performance of AAA rated corporate bonds with residual maturity from 2 years to 3 years.

  • The Index has a base date of December 31, 2013 and a base value of 1000
  • With up to 14 most liquid AAA rated bonds, the index adequately represents the dynamics of the short-term maturity bucket.
  • Based on a well-defined, market relevant and rules-based framework, the index is a transparent and objective indicator of AAA rated short-term corporate bonds market performance
  • With unique threshold mechanism that lays down stringent criteria for bond inclusion and exclusion, the index seeks to minimize degree of churning and replication cost
  • The index is computed using the total returns methodology capturing price return and coupon return
  • The index is rebalanced and reconstituted on quarterly basis

Download Fact Sheet of NIFTY AAA Short-Term Corporate Bond Index (.pdf)

Download Methodology of NIFTY AAA Short-Term Corporate Bond Index (.pdf)

Date Close

Related Links

Watch the market live!
Get real-time market analyses!
More about our Risk Management practices

You may also be
interested in:

Did You Know

The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up.

More investment concepts