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What is the price of India’s entry into exclusive bond club?

The IMF estimates that India’s general government fiscal deficit would be 8.9 percent of GDP for the current year. This is the highest among the constituents of the bond index. It also is likely to have the third highest debt-to-GDP ratio among peers

September 26, 2023 / 11:09 IST
Increased demand for Indian government bonds – in conjunction with reduced supply – could see India’s 10-year bond yield fall to 6.75 percent in 2024.
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