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Separately, Indian states are set to auction ₹26,815 crore ($2.97 billion) worth of government bonds later on Tuesday, about 26% less than the amount set out in the borrowing calendar. The central bank is also due to initiate a $10 billion dollar-rupee foreign-exchange swap.
Goldman Sachs had estimated the inclusion of India government bonds into the Bloomberg Global Bond Index could bring $10 to $20 billion of inflows into the Indian debt market
Credit: Hindustantimes
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