Even as JP Morgan announced its decision last week to include India in its widely tracked emerging market debt index, another global index provider FTSE Russell said on Friday it would not yet include India in a government bond index.“Areas for improvement in the Indian government bond market structure highlighted by international investors remain largely unchanged from the previous March 2023 review,” FTSE said in its annual country classification review for the FTSE Emerging Markets Government Bond Index (EMGBI)India was added to the FTSE Fixed Income Country Classification...
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....