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By Erik BARTOLUCCI, ETF Capital Markets Specialist, LGIM
Bloomberg’s announcement follows last year's inclusion decision from JPMorgan, and creates important practical considerations for investors.
On 8 January 2024 Bloomberg launched a consultation on adding Indian government bonds (IGBs) to its Bloomberg EM Local Currency Indices. This latest development builds on September’s long-awaited announcement from JP Morgan, which is adding IGBs to the GBI-EM Global Diversified Index, beginning in June of this year.
Although a final decision has not been made on the Bloomberg index at this point, we believe the consultation is indicative of the positive direction of travel regarding IGB inclusion in major indices. What could the...
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