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Indian bonds’ inclusion in global index likely in 2023, says Goldman Sachs

Indian government bonds are expected to be included in the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) in 2023, according to analysts at multinational investment bank Goldman Sachs, owing to resolution of some operational issues and diversification of the index. The index monitors government bonds in emerging markets. In case India’s weight in the index reaches …

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