Inflows From India Bond Index Entry Depend on What it Sells
- Deutsche sees India luring upto $22 billion on index inclusion
- Selling new bonds is one of three options for India: Deutsche
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India is hoping to lure billions of dollars by getting its bonds included in global indexes.
The inflow, according to Deutsche Bank AG, hinges on the strategy Prime Minister Narendra Modi’s government uses for the issuance, and its size. The lender says the administration may consider these three options: