Efforts On To Include Indian Government Bonds In Global Indi

Efforts On To Include Indian Government Bonds In Global Indices From 2021: DEA Secretary


Efforts on to include Indian government bonds in global indices from 2021: DEA Secretary
The RBI earlier this year opened certain specified categories of government securities (G-Secs) for non-resident investors as part of an initiative to deepen the bond market.
PTI
Source: Twitter
The government is working on inclusion of Indian sovereign bonds in global bond indices from next year, Economic Affairs Secretary Tarun Bajaj said on Friday. This would attract higher foreign flows as many overseas funds are mandated to track global indices. It will also help bring in large passive investments from overseas, as a result of which more domestic capital would be available for industry as crowding out would be reduced.

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