Indian government bonds retreated on Tuesday, after Bloomberg Index Services Ltd. held off including them in its global bond index, saying they will keep the review open and ongoing. Goldman Sachs had estimated the inclusion of India government bonds into the Bloomberg Global Bond Index could bring $10 to $20 billion of inflows into the […]
Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
