India To Be Part Of JPMorgan’s Emerging Markets Index. Here’s What It Means
Currently, 23 Indian Government Bonds are index eligible, JPMorgan said. Mumbai: JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday. The inclusion, a first for the country, could lead to billions of dollars of inflows into local currency-denominated government debt and…
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