Global index inclusion yet to reflect on Gsec yields
The New Indian Express|July 03, 2024
THOUGH the much-anticipated inclusion of the government bonds (G-secs) in the JP Morgan's emerging market bond index from last Friday has underwhelmed the market with muted response, both in terms of inflows as well as in the flat bond yields.
BENN KOCHUVEEDAN
Global index inclusion yet to reflect on Gsec yields

In the long-run this is going to a game-changer for the finance street, say both bond dealers and analysts.

After closing flat on the Dday at 7.02% after rising to 7.1% in initial trade, the benchmark bonds closed 0.01% down on Tuesday, the third day since the inclusion at 7.012%, something nothing to write home about. The rupee also remained range bound and closed with a gain of 0.04 paise at 83.55 to the greenback.

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