BSE on Tuesday signed a memorandum of understanding with IHS Markit, a global information services provider, to facilitate the joint development of a new service to provide valuation of fixed income securities in India.

The service, which BSE aims to roll out in the first half of 2020, will be offered to on-shore and offshore clients. Shares of BSE closed at ₹491.41, down 0.30 per cent, on the NSE.

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