$10 billion boost for bond markets? FTSE looks to include Indian govt bonds to index | Editorji
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$10 billion boost for bond markets? FTSE looks to include Indian govt bonds to index

Mar 30, 2021 09:52 IST | By Editorji News Desk

In what would be a big breather for state-owned banks as well as a much needed push down for yields, UK based FTSE Russell is considering adding Indian govt bonds onto it’s indices. 

Indian bonds will be considered for addition to the FTSE Emerging Markets Government Bond, as users have shown great interest in the product as per the statement.

Experts cited by Bloomberg expect inclusion in FTSE’s index may attract about $10 billion of inflows into rupee securities, though this is an initial estimate. 

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