News > Russia’s exclusion may pave way for India into global bond index
Russia’s exclusion may pave way for India into global bond index
CNBC TV18 | 09/09/2022 05:45 PM | Click to read full article
India has the biggest bond market among emerging economies that are not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows.
Russia’s recent exclusion is one reason why. Getting high-yielding Indian sovereign bonds into global indexes would make it easier for overseas investors to put their money into Asia's third-biggest economy.