Explainer-What India’s inclusion in JPMorgan’s bond index means for its markets
By Ira Dugal MUMBAI (Reuters) – 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 bring down bond yields, while …
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