Share Market News: After JP Morgan, Bloomberg has decided to include India’s FAR bonds in the Bloomberg Emerging Market, Local Currency Government Index, and the index associated with it. It is said that 10% of bonds will be included in the first month and all bonds will be included by October 2025.
The change will begin on 31 January 2025 and will be included in several stages during the 10 months. After the inclusion of all bonds in October 2025, 10% of bonds will be included every month. In this, the Bloomberg Emerging Market, Local Currency Government Index, 10% Country Cap Index, and all the related indexes are included. Once Bloomberg Emerging Market is fully included in the 10% Country Cap Index, India will join China and South Korea in the markets reaching a 10% cap with both.
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