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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