ICRA’s arm - ICRA Management Consulting Services (IMaCS) has launched a set of four fixed income indices including one on corporate bonds. This step has been taken with an aim to create more depth in the Indian debt market.
The four indices - ICRA Gilt Indices, ICRA Liquid Indices, ICRA Corporate Bond Indices and ICRA Composite Debt Indices would help asset managers and financial services companies make objective analysis and provide comprehensive benchmarking of debt portfolios.
ICRA is an independent and professional investment Information and credit rating agency. The company operates through four segments - Rating, research and other services; Consulting services; Outsourced and Information services, and Professional and IT Services.