Bloomberg offers to help India access global bond indices to raise funds

Analysts see strong demand for Indian bonds from investors

Bloomberg on Wednesday offered to help India gain access to global bond indexes, a move that will help Asia’s third-largest economy attract more foreign inflows.

“Bloomberg will help India navigate the processfor gaining inclusion in global market benchmark indexes, so international investors can access India’s bond market,” Founder Michael Bloomberg, who owns Bloomberg Barclay indexes, said in New York at a business forum. Indian Prime Minister Narendra Modi is the key note speaker at the event. The move will “help Indian businesses raise funds, invest and grow and it will help India’s government raise funding infrastructure and public service”