India Has Few Things To Do Before Global Bond Inclusion: Finance Minister

• India moving towards being included in global bond indexes.
• It’s a question of doing quite a few things before it can happen.
• We are in the process of doing that, I hope to do it at the earliest.

India Yield Curve Shifts Higher

Yields rose across the India sovereign yield curve in Monday morning trading.

• The 5-year yield rose 5.1bps to 5.724%
• The 10-year yield rose 4.2bps to 6.37%
• The 14-year yield rose 4.1bps to 6.856%
• The 5-year-10-year yield spread was 64.6bps, vs previous close 65.5bps

Rupee May Drop On Higher Oil Prices & U.S. Treasury Yield