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Interest Rate: JP Morgan to...

MUMBAI: Global financial services major JP...

Interest Rate: JP Morgan to add India G-Secs to its emerging market bond index

MUMBAI: Global financial services major JP Morgan has decided to include Indian government securities (G-Secs) in its emerging market bond index, a move seen to boost dollar inflows into the country and bring down the rate of interest.This is the first time Indian G-Secs have been added to a major global bond index.JP Morgan on Friday said India's G-Secs will be incorporated in three of its bond indices consisting of similar instruments issued by the governments of emerging markets like China and Indonesia from June 28, 2024. Beginning...

Karl Jörg - September 23, 2023

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Interest Rate: JP...

MUMBAI: Global financial services major JP Morgan has decided to include Indian government securities (G-Secs) in its emerging market bond index, a move...

Karl Jörg - September 23, 2023

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