J.P. Morgan includes Indian government debt in global bond index
5 Articles
5 Articles
JP Morgan includes India in its global debt index after Modi govt eased restrictions
On Friday (September 22), American bank JPMorgan announced that it would include India in its Government Bond Index-Emerging Markets (GBI-EM) index. As per reports, 23 Indian Government Bonds (IGBs), which have a combined value of $330 billion, are eligible to be included in the emerging market debt index. The country’s local bonds will be included in JP Morgan’s GBI-EM index for a period of 10 months, starting June 28, 2024, with 1% increments …
India To Be Included In JP Morgan’s Emerging Market Debt Index
NEW DELHI (IANS)- JP Morgan has said that it will include India in its Government Bond Index-Emerging Markets (GBI-EM) index from June 2024 onwards. This will help in increasing inflows into the world’s fifth-largest economy. It will also mean that local government bonds will be included in the GBI-EM index and the index suite, which is benchmarked by approximately $236 billion in global funds, as per JP Morgan. “India’s weight is expected to r…
JP Morgan includes India in Emerging Market Bond Index, investment of $ 25 billion possible
JPMorgan Rising Market Bond Index: World finance firm JP Morgan has determined to incorporate its Indian authorities bonds within the benchmark emerging-market index. The corporate mentioned that it’s planning to incorporate Indian Authorities Bonds (IGB) or Authorities Securities (G-Sec) within the rising market index from subsequent 12 months. IGBs will probably be included in a sequential method over a 10-month interval from June 28, 2024 t…
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