💨 Abstract
FTSE Russell announced plans to include Indian and South Korean government bonds in their respective indexes starting in 2025, potentially attracting billions in investments. Indian securities will represent 9.35% of the Emerging Markets Government Bond Index (EMGBI), while South Korean government bonds will constitute 2.22% of the FTSE World Government Bond Index (WGBI). The move follows inclusion by JP Morgan and Bloomberg Index Services.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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