India Secures Spot in Global Bond Indexes
Business Standard reports on India's progress toward global bond index inclusion. The article traces the steps India took to meet index criteria.
Business Standard reports on India's progress toward global bond index
inclusion. The article traces the steps India took to meet index criteria.
Officials coordinated with rating agencies and market participants. Reforms
aimed at improving transparency and liquidity were highlighted. Inclusion would
place Indian sovereign bonds alongside other benchmarked assets. The achievement
is expected to broaden the investor base. It could lower borrowing costs for the
government. Market watchers will monitor how the new status affects capital
flows.