Five things to know as India enters JPMorgan EM debt index
By JerryPublished On June 26, 2024
MUMBAI, June 26 (Reuters) – India’s government bonds will gradually become a part of JPMorgan’s widely tracked emerging market debt index, beginning on Friday.
The announcement of the change was made in September, setting the stage for billions of dollars to flow into the world’s fifth-largest economy.
Here are five things to know as the South Asian nation draws more investment from global bond investors and its stock markets attract increased portfolio inflows.