Topic
government bonds
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 Forex measures yield results: FPIs buy record $4.2 billion Indian government bonds in June; reserves may get a boost
Foreign portfolio investors (FPIs) invested a record $4.2 billion (Rs 39,640 crore) in Indian government bonds in June 2026, following measures by the government and RBI including capital gains tax exemption and wider access to longer-tenor bonds. The inflows are expected to support India's foreign exchange reserves, which stood at $672 billion as of June 12. The rupee recovered from a record low of 96.96 to 94.40, and the 10-year bond yield fell 20 basis points to 6.76%.