g-secs

G-secs: Bloomberg panel favours India G-secs in EM index

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Mumbai: An advisory committee at Bloomberg Index Services Ltd has recommended inclusion of Indian government bonds in the Bloomberg Emerging Market Local Currency Index and a formal announcement of this is likely in the coming days, people aware of the development said. “Following the advisory committee’s favourable recommendation, the process now goes to the relevant … Read more

g-secs: FPI ownership of Indian g-secs surges to a record

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Mumbai: With foreign portfolio investments in the Fully Accessible Route (FAR) for Indian government bonds continuing at a fast clip ahead of their June inclusion in a global index, international players now own a record one-fifth of one of the most highly liquid domestic sovereign papers. As of January 18, foreign funds owned 21.2%, or … Read more