Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 162)
162.
Which financial entity has recently announced the inclusion of India's Fully Accessible Route (FAR) bonds in its Emerging Market (EM) Local Currency Government Index?
Answer: Option
Explanation:
Bloomberg, following JP Morgan's similar move earlier, has announced the phased inclusion of India's FAR bonds in its Emerging Market (EM) Local Currency Government Index. This inclusion process will occur over ten months starting January 31, 2025, aiming to attract significant foreign investment into the Indian government securities market.
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