Indian government bonds with a combined nominal value of $330 billion will be included in JPMorgan Chase & Co.’s emerging markets bond index effective 28 June. This will make India’s bond market the 25th to join the widely tracked index since it was launched nine years ago. JPMorgan announced in […]
indian government bonds
In September 2023, JPMorgan had announced that it would include India in its emerging market bond index starting in June, where it will have a maximum weight of 10%. The firm estimates its emerging-market bond gauge currently has $216 billion of assets under management. Assuming an index-neutral position, the estimated […]