FTSE Russell on Wednesday said it will add India to its emerging markets government bond index from September 2025.
FTSE Russell is the third index provider to include Indian bonds in its emerging market bond index after JPMorgan and Bloomberg Index Services.
According to FTSE, India's bonds will constitute 9.35 per cent of the index on a market-value weight basis, making it the second-largest component after China. Bond market participants said the inclusion will not have an immediate effect on the market given that the date of official inclusion is still some time away.
"It will not have any impact because it is too little and too far away," said Vikas Goel, managing director and chief executive officer, PNB Gilts.
この記事は Business Standard の October 10, 2024 版に掲載されています。
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この記事は Business Standard の October 10, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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