Topic
fixed income
Finance Bloomberg Delays India's Sovereign Bond Index Inclusion as Market Reforms Need Further Testing
Bloomberg Index Services has delayed the inclusion of India's sovereign bonds in its global bond indices, saying recent market reforms need more time to be tested in practice. The delay is a negative for bond markets, as inclusion would have driven fund flows from several passive bond funds globally.
Finance Bloomberg Launches Electronic Trading System for Indian Government Bonds, Opening Market to Global Investors
Bloomberg has launched a new electronic trading system that allows global investors to buy and sell Indian government bonds more easily, completing its first fully-electronic trade. The system connects foreign portfolio investors to India's official bond platform NDS-OM through the Bloomberg Terminal, replacing manual processes and improving efficiency.
Finance Chinese Investors Review Bond Portfolios as AAA Ratings Face Regulatory Scrutiny
Chinese domestic investors, including mutual funds and banks, are reviewing bond portfolios for downgrade risks after regulators tightened scrutiny of AAA-rated issuers. Over a quarter of China's nearly 6,000 bond issuers hold AAA ratings, compared to fewer than 1% in the US. At least 20 companies have withdrawn ratings, and analysts warn that downgrades could trigger selling and reduce collateral eligibility.