Indian bond markets eye smaller below-$5 bln inflow from Bloomberg inclusion

Indian government bond market participants said on Wednesday they expect inflows of less than $5 billion from the recent inclusion in the Bloomberg Index Services, which is unlikely to have any material impact on bond yields.

Bloomberg Index Services said on Tuesday it would include 34 Indian government bonds eligible for investment via the country's fully accessible route (FAR), in its Emerging Market Local Currency Index (EMLC) from Jan. 31, 2025.