Indian bonds attract investors as JPMorgan index inclusion takes effect
The Business Guardian|July 09, 2024
India’s sovereign bonds, also known as Government Securities (G-Secs), have experienced a significant surge in foreign investments, with an inflow of USD 403 million last week.
Indian bonds attract investors as JPMorgan index inclusion takes effect

This uptick comes on the heels of JPMorgan Chase & Co. officially adding Indian government bonds to its benchmark emerging-market index, the Government Bond Index-Emerging Markets (GBI-EM), on June 28.

This development is poised to attract substantial foreign funds into India’s debt market. JPMorgan’s inclusion of Indian government bonds in its benchmark index is a significant milestone, reflecting the growing appeal of India’s debt market to global investors. Since the announcement in September 2023, foreign portfolio investors (FPIs) have invested nearly USD 11 billion in the fully accessible route (FAR) bonds.

هذه القصة مأخوذة من طبعة July 09, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 09, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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The Business Guardian

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India's Forex Reserves soar to global high, covering over 10 months of imports
The Business Guardian

India's Forex Reserves soar to global high, covering over 10 months of imports

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The Business Guardian

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Demand for National Flag Day
The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

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The Business Guardian

India needs nearly 78 lakh new jobs each year: Survey

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