JPMorgan Chase & Co. will add Indian government bonds to its main emerging markets indices. This step may lead to a significant inflow of investments into the Indian public debt market. According to the company's official statement, Indian bonds will be included in the Government Bond Index-Emerging Markets (GBI-EM) starting from June 28, 2024. In total, 23 issues of Indian government bonds totaling $330 billion will be included in the index. The share of Indian bonds in these indices will not exceed 10%, and the inclusion process will take about 10 months. «India's share is expected to be 10% in the GBI-EM Global Diversified index and about 8.7% in the GBI-EM Global index,» JPMorgan reports. Economists believe that after the inclusion of Indian bonds in JPMorgan indices, the inflow of investments can reach from $25 to $26 billion. Since the beginning of 2023, foreign investors have bought $3.4 billion worth of Indian government bonds. Nevertheless, their share in the total volume of these bonds is less than 2%. In addition, another major index provider, FTSE Russell, is also considering adding India to its emerging markets indexes.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
