Back to Search Start Over

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

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]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178146170