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Bloomberg Index to include Indian govt bonds
The Morning Standard
|March 06, 2024
BLOOMBERG on Monday announced that it will include Indian government bonds under fully accessible route (FAR) in the Bloomberg Emerging Market (EM) Local Currency Government Index and related indices beginning January 31, 2025.
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Indian FAR bonds will be included in Bloomberg indices with an initial weight of 10% of their full market value on 31 January 2025. "The weight of bonds will be increased in increments of 10% of their full market value every month over the ten-month period ending in October 2025, at which point they will be weighted at their full market value in the indices," Bloomberg said in a statement.
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