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India Set for More Global Attention as Bond Inclusion Begins.
- Source :
- Bloomberg.com; 6/28/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- JPMorgan Chase & Co. is set to add India's government bonds to its emerging markets index, which is expected to attract billions of dollars in investments. Global funds have already invested close to $11 billion in index-eligible bonds, 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. Indian bonds offer access to a high-growth, high-yield market, and the country's sovereign debt has outperformed its index counterparts over the past decade. [Extracted from the article]
- Subjects :
- PUBLIC debts
INVESTORS
BONDS (Finance)
GOVERNMENT securities
BOND market
INDIAN rupee
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 178146170