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    Abhishek Yadav in India

    09 Mar 02:30 AM


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    How bond index entry brings in billions

    Bloomberg and JPMorgan Chases inclusion of Indian govt securities in emerging market bond index boosts dollar inflows, lowers interest rates. Indian govt bonds will be included in Bloombergs EM Local Currency Govt index, tracking the prices of 34 Indian govt bonds. $5 billion of foreign funds could come into India by Oct 2025.