Bloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market reforms need more time to prove their effectiveness for foreign investors. While acknowledging progress in trading access and tax changes, it wants smoother implementation before granting index inclusion.
Bloomberg Index Services has deferred a decision on including Indian government bonds in its Global Aggregate Index, saying recent market reforms need more time to prove their effectiveness for foreign investors. While acknowledging progress in trading access and tax changes, it wants smoother implementation before granting index inclusion.
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