Tag: indian bond market

JPMorgan has made a significant decision to include India in the Government Bond Index-Emerging Markets (GBI-EM) index after nearly two years of monitoring. This move is highly anticipated and is expected to have several positive impacts. India's inclusion in this prominent and widely-followed bond index will lower its borrowing costs and attract passive investments of approximately $30 billion into the domestic debt market, according to an ET report. This development is also likely to stabilize the Indian rupee, reduce interest rates, lower bond yields, and subsequently reduce the...