$30 billion inflows! What India’s inclusion in JP Morgan Bond index means
India is poised to formally enter the J.P. Morgan GBI-EM Global Series of indices today. This inclusion, phased over a 10-month period starting this month, will see Indian government bonds (IGBs) holding a 10% weightage, increasing by 1% each month. This move could generate potential inflows of $25-30 billion into the country, making India the … Read more