Bloomberg global index entry in sight for Indian G-Secs

Indian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemptions and recent policy reforms have fueled market optimism, driving a bond rally. Foreign investors have already poured record sums into Indian debt, anticipating this significant development. While a deferral could cause yields to rise, most experts foresee a positive outcome, potentially attracting billions in passive inflows.