J.P. Morgan’s Inclusion of Indian Bonds in Global Index Reshapes the Market

Global Emerging Markets Government Bond Index holds significant promise for India’s economy

This index is closely followed by global funds with assets exceeding $236 billion

JP Morgan removed Russian bonds

This action was a direct result of sanctions imposed on Russia by various countries

JP Morgan shared its plan to include Indian government bonds

Global Emerging Markets Government Bond Index, effective from June 28, 2024

The addition of Indian government bonds to their indexes signals a vote of confidence in India’s economy

It’s anticipated that this inclusion will also encourage greater foreign investment in India’s bond market

Moneyjugaad.com

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