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India Becomes Part Of Global Bond Index Effective Today

India Becomes Part Of Global Bond Index Effective Today

NDTV
Friday, June 28, 2024 02:51:21 PM UTC

JP Morgan will add Indian government bonds to its Government Bond Index-Emerging Markets (GBI-EM) from June 28. It is the first time ever that Indian government bonds would be included in this index.

India government bonds or government securities are set for inclusion in the global bond index from today.

JP Morgan will add Indian government bonds to its Government Bond Index-Emerging Markets (GBI-EM) from June 28. It is the first time ever that Indian government bonds would be included in this index.

Government securities inclusion in the global bond index will have a positive impact on the Indian economy.

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