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Switch to India’s longer-dated bonds extends as index date nears

Global funds increased the proportion of notes due in 10 years or more to the highest in nine months, according to calculations by Bloomberg. The share held in short-dated securities has fallen steadily in that time frame.

June 24, 2024 / 06:33 IST
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Buildings in Mumbai, India, on Wednesday, June 5, 2024. For many foreign investors, India’s near-$400 billion stock-market wipeout on Tuesday is just another opportunity to buy into what they see as one of the world's most promising economies. Photographer: Dhiraj Singh/Bloomberg
Bloomberg
first published: Jun 24, 2024 06:33 am

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