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PNB Gilts aims to start proprietary forex ops by Jul 1, says MD Goel

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PNB Gilts aims to start proprietary forex ops by Jul 1, says MD Goel

This story was originally published at 14:44 IST on May 16, 2024  Back
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Emerging Markets in a phased manner starting Jun 28, over a 10-month period. Bloomberg's local currency emerging market index will also include Indian gilts starting Jan 31, over a 10-month timeframe as well. These bond index inclusions are projected to bring in FPI inflows of around $30 bln into gilts from passive investors alone, bond dealers said.

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