Insurers' STRIPS trade value almost doubles in 10 months
The face value of trades of Separate Trading of Registered Interest and Principal Securities, or STRIPS, in the government bond market has risen to ₹2.32 lakh crore in the first ten months of the current financial year against ₹1.16 lakh crore the same time a year ago, Clearing Corporation of India (CCIL) data showed. For FY23, the face value of STRIPS trades was at ₹1.34 lakh crore.
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