Listed bond issuances through the electronic debt bidding platform (EBP) saw a sharp drop in terms of the total amount raised during the first quarter, to about ₹1.6 trillion from ₹2.42 trillion during the corresponding period of 2023-24, show data from BSE and NSE. The total number of issues fell […]
jpmorgan
(Bloomberg) — Fund raising by Indian companies will become cheaper after inclusion of country’s sovereign bonds in JPMorgan emerging markets index, according to a Bloomberg report. “With the foreign investor share in India government bonds getting larger, the domestic investors will be able to focus on the broader debt issuances […]
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 […]