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RBI Sold $406 Million India Bonds As Index Inclusion Spurs Flows
![RBI Sold $406 Million India Bonds As Index Inclusion Spurs Flows](https://media.assettype.com/bloombergquint%2F2024-07%2F1d218164-26ff-43b2-a18f-678faf4fadad%2F_1x_1.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
India’s central bank sold 34 billion rupees ($406 million) of bonds in the secondary market in the week ended July 14, as it likely stepped in to mop up exces...
Foreign inflows into local bonds have topped $1 billion so far in July after the nation’s bonds got added into JPMorgan Chase & Co.’s flagship emerging mark...
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