LGIM launches local currency India government bond ETF

India's sovereign bond market has rapidly expanded in recent years

clock • 2 min read
LGIM launches local currency India government bond ETF

Legal & General Investment Management has launched the L&G India INR Government Bond UCITS ETF, which it said is the first ETF in Europe to provide exposure to India government bonds in local currency.

The £1.3trn London-based asset manager said the fund will allow UK and European investors to access India's growing local-currency government bond market. The fund is listed on the London Stock Exchange,...

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