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India Set for More Global Attention as Bond Inclusion Begins.

Authors :
Makol, Malavika Kaur
Sircar, Subhadip
Source :
Bloomberg.com; 6/28/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

India is expected to attract billions of dollars in investments as JPMorgan Chase & Co. adds the country's government bonds to its emerging markets index. Global funds have already invested close to $11 billion in index-eligible bonds since the announcement, and JPMorgan predicts that $20 billion to $25 billion will come in over the next 10 months. India's debt has become popular among emerging market investors due to its strong economic growth and stable currency. The inclusion of Indian bonds in the index offers global investors access to a high-growth, high-yield market. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178146063