1. Inflation Indexed Bonds (IIBs) were issued in the name of Capital Indexed Bonds (CIBs) during 1997. How is the new product of IIBs different from earlier CIBs? The CIBs issued in 1997 provided inflation protection only to principal and not to interest payment. New product of IIBs will provide inflation protection to both principal… Read More
Tags: Bonds, Coupon (bond), Financial services, Inflation, Inflation-indexed bond, Reserve Bank of India, Run batted in, Wholesale price index