The Indian unit of Standard & Poor’s, Crisil Research, will launch Inflation-Indexed Government Securities Index (CRISIL IIGS Index), a first for the Indian bond market.

CRISIL IIGS Index will track a portfolio of inflation-linked securities issued by India. The researchhouse said the index will provide market participants with an appropriate and easily accessible benchmark to measure and analyze the performance of such securities.

Source: International Business Times