India gets green light to join JPMorgan bond index – Beragampengetahuan

A much awaited and anticipated decision has finally happened.

JP Morgan has decided to include India in its Government Bond Index-Emerging Markets.

JP Morgan (JPM.N) will include India in its widely tracked emerging market debt index, setting the stage for billions of dollars of inflows into the world’s fifth-largest economy and helping it finance its current account and fiscal deficits.

India’s local bonds will be included in the Government Bond Index-Emerging Markets (GBI-EM) index and the index suite, benchmarked by about $236 billion in global funds, JPMorgan said on Friday.

This entry was posted on September 22, 2023 at 6:28 pm and is filed under Academic research & research papers, Central Banks / Monetary Policy, Economics – macro, micro etc, Financial Markets/ Finance. You can follow any responses to this entry through the RSS 2.0 feed.
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