Global Bond Indices
The Indian government has been trying hard to include the government debt in the large global bond indices.
About Global Bond Indices
- Global bond indices include the emerging debt markets that closely monitor local currency bonds that are issued by governments of various developing nations.
- JP Morgan and Bloomberg–Barclay’s are the popular global bond market indices.
Criteria for Inclusion in Index
The main parameters include-
- The size of the market
- The country rating
- Ease of access
Country-level Criteria for index inclusion-
- Absence of restrictive laws on movement of capital
- Availability of forex
- Adequate hedging mechanism
- Tax laws
- Settlement of trade
Significance
- Global bond indices help investors track the ....

