The Reserve Bank of India (RBI) is working closely with the central government to enable international settlement of government securities (G-Secs) and incorporation of local bonds into global bond indices to broaden the investor base, said RBI Governor Shaktikanta Das on Tuesday.
He reiterated his stance that the G-Sec is a "public good", as it is the benchmark for pricing various instruments in the economy. The RBI's endeavour has remained an "orderly evolution of the yield curve", with this in mind.
“The RBI, together with the government, is making efforts to enable international settlement of transactions in G-Secs through

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