FTSE Russell said Portugal would be added to a key government bond index and held off on a decision on South Korea and India for at least six more months. The index provider will add Portugal to the FTSE World Government Bond Index effective November and remove Switzerland from the upgrade watch list, according to … Read more
Bloomberg last week became the second major global firm to announce inclusion of Indian government securities in an emerging market bond index after JPMorgan Chase (Sept 2023). These moves are seen to boost dollar inflows into the country and bring down the rate of interest. Since these indices are widely followed by global bond fund … Read more
Mumbai: Speculation over the possible inclusion of Indian government securities on Bloomberg’s global bond index has imparted volatility to the domestic debt market, causing the 10-year benchmark yield to swing close to a tenth of a percentage point. Market sources told ET that at the conclusion of a recent meeting with the advisers to the … Read more